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Goldgroup Mining Inc (GORO) Financials

TSXV: GORO · Gold · Production stage

Goldgroup Mining Inc. is a precious-metals producer and growth-oriented mining company with four 100%-owned assets across Mexico and the United States. The Company owns and operates the Don David Gold Mine in Oaxaca, Mexico and the Cerro Prieto Gold Mine in Sonora, Mexico, while advancing the San Francisco Gold Project in Sonora toward a potential production restart and the Back Forty Project in Michigan toward development. Goldgroup's strategy is focused on building a larger-scale intermediate precious-metals producer through a combination of production growth, exploration, mine optimization, project development and disciplined capital allocation. The Company is listed on the TSX Venture Exchange and NYSE American under the symbol 'GORO' and on the Frankfurt Exchange under the symbol '55G.'

Goldgroup Mining Inc financings

9 financings announced or closed by Goldgroup Mining Inc, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-09-08Goldgroup Mining Inc (GORO)Private placement, non-brokeredAnnouncedUS$75.0M$3.65GOLDGROUP ANNOUNCES US$75 MILLION PRIVATE PLACEMENT WITH US$60 MILLION ALREADY COMMITTED BY LEADING NATURAL RESOURCE INVESTORS Cornerstone Investors include Trafigura, Eric Sprott, Rick Rule, Fiscal Wisdom, Calu Opportunity Fund
2025-08-21Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$4.0M$0.800Goldgroup Announces Non-Brokered Private Placement
2025-07-18Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$12.0M$0.800#79057171v2<LEGAL> - 2025_07_18 - Goldgroup Announces Private Placement Financing Clean LEGAL\79057171\2 GOLDGROUP ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO FUEL STRATEGIC ACQUISITIONS AND GROWTH
2025-04-11Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$15.0M$0.550Goldgroup Announces Proposed Non-Brokered Private Placement
2025-03-12Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 2 tranches$7.8M$0.300Goldgroup Announces Upsizing of Proposed Non-Brokered Private Placement
2024-12-03Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$3.5M$0.100Goldgroup Announces Proposed Non-Brokered Private Placement
2024-11-01Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$175K$0.055Goldgroup Announces Proposed Non-Brokered Private Placement
2024-08-22Goldgroup Mining Inc (GORO)Private placement, non-brokeredClosed, 1 tranche$1.0M$0.050Goldgroup Announces Proposed Non-Brokered Private Placement
2024-01-16Goldgroup Mining Inc (GORO)DebtClosed, 1 trancheUS$400K—Goldgroup Announces Proposed USD $400,000 Convertible Debt Financing and Provides Update to Its Board of Directors

Goldgroup Mining Inc debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Goldgroup Mining Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2025-01-16Loan, closed / funded—US$1.5M—
2024-02-16Convertible note / loan, closed / funded—US$100,00012%, matures 2025-06-15
2023-07-28Convertible note / loan, converted—US$2.16M—
2023-07-07Loan, repaid / settled———
2023-06-15Loan, repaid / settled—US$3M12%
2022-12-12Convertible note / loan, closed / fundedCalu Opportunity Fund LPUS$2.16M6%, matures 2023-12-31
2022-08-12Loan, closed / fundedSail Natural Resources LPUS$550,0005%, matures 2023-08-10
2020-06-19Loan, proposedAccendo Banco S.AUS$3M12%
2018-10-05Loan, repaid / settled—US$1.38M12%
2018-10-05Loan, closed / fundedAccendo Banco S.AUS$1.8M—

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