Financing ·
Goldgroup raises US$122M in non-brokered private placement at $3.65 per unit
GGAZDGoldgroup Mining Inc.
Goldgroup Mining Inc. closed a non-brokered private placement, issuing 33,382,326 units at US$3.65 each for gross proceeds of US$121,845,490. The offering exceeded the initial target by over 60%, with each unit comprising one common share and a half warrant exercisable at US$5.10 until March 2028. Proceeds will support working capital, project advancement, and potential M&A. Goldgroup Mining Inc. is a precious-metals producer operating mines in Mexico and the United States.