Goldgroup Mining Announces $12 Million Private Placement to Fuel Growth Through Acquisitions

Vancouver, British Columbia — July 18, 2025 — NewsWall — Goldgroup Mining Inc. (TSX-V:GGA, OTC:GGAZF) has announced a non-brokered private placement of up to 15,000,000 units at $0.80 per unit, aiming to raise up to $12,000,000.

Each unit includes one common share and one-half of a common share purchase warrant. A full warrant allows the holder to buy an additional common share at $1.10 within 24 months of issuance. If Goldgroup's common share price hits $1.25 or higher for 10 consecutive trading days on the TSX Venture Exchange (or any other exchange where the shares are listed), the warrant expiry date will be accelerated, expiring 30 calendar days after a press release notice.

The company may pay finders' fees to eligible parties, pending TSXV approval. Securities issued under the placement will have a statutory hold period of four months and one day from the closing date.

Goldgroup intends to use the funds to assess and pursue strategic acquisitions in the mining sector, focusing on assets that enhance shareholder value. CEO Ralph Shearing stated that the private placement is a pivotal step in Goldgroup's growth strategy, with the company actively evaluating opportunities, particularly in Mexico.

Ralph Shearing, CEO
+1 (604) 764-0965

Source: Goldgroup Mining