Goldgroup Mining Raises Funds to Expand Operations

Goldgroup Mining (TSE:GGA) has released an update.

Goldgroup Mining Inc. has successfully completed a non-brokered private placement, raising CAD $775,000 by issuing 15.5 million units at CAD $0.05 each. The proceeds will enhance the Cerro Prieto gold mine’s crushing capabilities and support general capital needs. The units issued include common shares and warrants with a potential for an accelerated expiry date under certain conditions.

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