Goldgroup Mining (TSE:GGA) has released an update.
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Goldgroup Mining Inc. has announced a non-brokered private placement aiming to raise approximately $1 million through the sale of 20 million units at $0.05 each. Each unit includes a common share and a purchase warrant, which allows buying another share at $0.10 within 24 months. The placement is contingent on regulatory approval and the shares will be subject to a four-month hold period.
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