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Goldgroup Mining ( (TSE:GGA) ) just unveiled an announcement.
Goldgroup Mining Inc. has revised the terms of its non-brokered private placement, now offering up to 4,848,485 units at $0.825 per unit, aiming to raise $4 million. The proceeds will be used to pursue acquisitions in the mining sector, although the company cautions that successful completion of such transactions is not guaranteed and may take several months.
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. The company is led by a team with extensive expertise in mine development, corporate finance, and exploration in Mexico.
Average Trading Volume: 206,613
Technical Sentiment Signal: Buy
Current Market Cap: C$309.4M
For an in-depth examination of GGA stock, go to TipRanks’ Overview page.