Goldgroup Mining (TSE:GGA) has released an update.
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Goldgroup Mining Inc. is set to acquire all interests owned by creditors in Minera Apolo, S.A. de C.V., which will potentially lead to full ownership of the Pinos Project, a fully permitted gold project in Zacatecas, Mexico. The company plans to issue shares and pay cash considerations to the creditor group, with additional contingent payments based on the project’s progress and certain milestones.
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