Gold Resource Corporation completed its merger with Goldgroup Mining Inc. on July 17, 2026, becoming a wholly owned subsidiary of Goldgroup. Under the terms of the Arrangement Agreement, GRC shareholders received 0.3619 Goldgroup common shares for each share of GRC common stock held, an exchange ratio adjusted for a prior four-for-one consolidation by Goldgroup. Consequently, GRC's common stock will be delisted from the NYSE American, and Goldgroup will commence trading on the NYSE American under the ticker symbol "GORO". The merger resulted in a change of control and the departure of several GRC directors, including Allen Palmiere, who will serve as President and CEO of the combined entity. Gold Resource Corporation is a precious metals mining company.
