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Goldgroup Mining ( (TSE:GGA) ) has provided an update.
Goldgroup Mining Inc. has announced the acceleration of the expiry of its outstanding common share purchase warrants, originally issued in September and November 2024, due to the company’s stock price meeting specific thresholds. The proceeds from the exercise of these warrants will be used to improve the Cerro Prieto mining operations and potentially initiate exploration programs to expand resources in new gold zones near the existing mining operations.
More about Goldgroup Mining
Goldgroup is a Canadian-based mining company that owns and operates the Cerro Prieto heap-leach gold mine in Sonora, Mexico, with a team experienced in mine development, corporate finance, and exploration in Mexico.
YTD Price Performance: 17.50%
Average Trading Volume: 44,236
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $14.11M
Learn more about GGA stock on TipRanks’ Stock Analysis page.