Goldgroup Mining Inc.Goldgroup announced a US$75M private placement with US$60M committed by cornerstone investors, funding working capital, gold asset advancement, and potential M&A.

Goldgroup Mining Inc. has announced a non-brokered private placement of up to 20,547,945 units at US$3.65 per unit, for aggregate gross proceeds of up to approximately US$75 million, with about US$60 million already committed by cornerstone investors including Trafigura, Eric Sprott, Rick Rule, Fiscal Wisdom, Calu Opportunity Fund, and two additional institutional natural resource funds. Each unit consists of one common share and one-half of a warrant, with each whole warrant exercisable at US$5.10 per share for 18 months. The offering is expected to close on or about September 30, 2026, subject to regulatory approvals from the TSX Venture Exchange and NYSE American. Proceeds will be used for working capital, advancing the company's portfolio of gold assets, and pursuing exploration, development, and potential M&A opportunities. If all warrants are exercised, Goldgroup would receive an additional US$52,397,257.
Goldgroup Mining Inc.Goldgroup announced a US$75M private placement with US$60M committed by cornerstone investors, funding working capital, gold asset advancement, and potential M&A.
China Nonferrous Mining Corp LtdCalu Opportunity Fund is named as a cornerstone investor committing capital in Goldgroup's US$75M private placement.
Fiscal Wisdom is named as a cornerstone investor committing capital in Goldgroup's US$75M private placement.
Trafigura is named as a cornerstone investor committing capital in Goldgroup's US$75M private placement.