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Goldgroup Mining Announces $3.5 Million Private Placement
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Goldgroup Mining Announces $3.5 Million Private Placement

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An update from Goldgroup Mining ( (TSE:GGA) ) is now available.

Goldgroup Mining Inc. has announced a non-brokered private placement to raise up to $3.5 million through the sale of 35 million units. This financial move aims to support the advancement of its Cerro Prieto project, assist with working capital, and reduce debt, subject to approval by the TSX Venture Exchange.

More about Goldgroup Mining

Goldgroup Mining Inc. is a Canadian-based mining company that operates the Cerro Prieto heap-leach gold mine in Sonora, Mexico. The company is led by experienced professionals in mine development, corporate finance, and exploration.

YTD Price Performance: 41.74%

Average Trading Volume: 80,488

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $14.06M

See more insights into GGA stock on TipRanks’ Stock Analysis page.

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