Goldgroup Mng Inc (GGAZF) 0.0610 $GGAZF
Goldgroup Provides Cerro Prieto Update
CNW Group - Tue Oct 06, 9:42PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announced production and sales results for January to September 2015 for the Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico, which is comprised of the San Felix (205 ha), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro Prieto "North" (2,508 ha) and Argonauta 6 (4,120 ha) mineral concessions. Cerro Prieto is 52 road kilometers from the regional center of Magdalena de Kino (population 40,000) and 150 kilometers northeast of the city of Hermosillo.
GGA.TO: 0.06 (-0.01)
Goldgroup Further Amends Promissory Note Terms with Oroco Resource Corp.
CNW Group - Tue Sep 29, 7:39PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to further amend the payment terms for the US$950,000 outstanding from the two promissory notes issued by the Company to Oroco Resource Corp. ("Oroco" pursuant to terms of the Cerro Prieto property sale (see news release dated September 3, 2013 and August 28, 2015).
GGA.TO: 0.06 (-0.01)
Oroco Negotiates Payment of Goldgroup Mining Inc. Notes
Marketwired - Mon Sep 28, 8:28PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company" announces that, further to its news release of September 16, 2015, it has agreed with Goldgroup Mining Inc. ("Goldgroup" to a revised payment schedule for the US$950,000 outstanding from the two promissory notes issued by Goldgroup to the Company. Pursuant to the agreement, Goldgroup will have until November 16, 2015 to enter into a formal debt payment agreement (the "Payment Agreement" with the Company, pursuant to which it will pay the Company US$300,000 on signing, US$20,000 per month, commencing October 1, 2015 (payments due before signing of the formal agreement to accrue and be paid at signing), until September 15, 2016, with the balance of the remaining principal on or before that date. The outstanding principal will bear 12% interest, payable monthly in arrears. If the Payment Agreement is not signed by November 16, 2015, or if Goldgroup fails to perform all of its obligations under the Payment Agreement, it will pay the Company a C$100,000 break fee. In a related transaction, the Company has also agreed to sell a total of 6 million of its shares of Goldgroup (the "Shares", at a price of $0.06 per Share to one or more persons introduced by Goldgroup, some of whom may be insiders of Goldgroup. The Company will sell 3 million of the Shares prior to the signing of the Payment Agreement, of which 2.4 million were sold today, and it will grant the purchaser the option to purchase a further 3 million, subject to the Payment Agreement being executed by November 16, 2015 and Goldgroup paying the sums due at the time of execution.
OCO.VN: 0.030 (unch)
Goldgroup Fails to Make Payment to Oroco
Marketwired - Wed Sep 16, 7:25PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company" announces that it has not received any payout from Goldgroup Mining Inc. ("Goldgroup" of the US$750,000 promissory note due and payable on September 15, 2015. The Company and Goldgroup are currently negotiating the payment of Goldgroup's outstanding indebtedness to the Company. The Company remains confident of obtaining payment in full and of Goldgroup's intentions to honour its indebtedness.
OCO.VN: 0.030 (unch)
Oroco Receives 16.5 Million Shares of Goldgroup Mining Inc.
Marketwired - Fri Aug 28, 7:15PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company" announces that it has received 16,500,000 common shares (the "Goldgroup Shares" of Goldgroup Mining Inc. ("Goldgroup" in settlement of the US$4,125,000 promissory note (the "Note" issued to the Company by Goldgroup pursuant to the terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Under the terms of the Note, Goldgroup was entitled to pay out the Note by issuing and delivering the Goldgroup Shares in lieu of the cash.
OCO.VN: 0.030 (unch)
Goldgroup Issues 16.5 million Common Shares to Oroco Resource Corp. and Promissory Note Update
CNW Group - Fri Aug 28, 6:00PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has issued 16,500,000 common shares to Oroco Resource Corp. ("Oroco" with respect to the acquisition of the Cerro Prieto project purchased in 2013 (see news release dated September 3, 2013). As part of the purchase agreement, the Company committed to issue 16,500,000 of its common shares or, at its option, pay US$4,125,000 to Oroco on or before August 30, 2015. The Company has elected to issue the common shares as opposed to cash settlement.
GGA.TO: 0.06 (-0.01)
Goldgroup Announces the Results of its 2015 Annual and Special Meeting of Shareholders
CNW Group - Fri Jul 24, 4:44PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual and special meeting of shareholders in Vancouver, B.C. on June 16, 2015.
GGA.TO: 0.06 (-0.01)
Goldgroup Acquires Option to Earn 80% Interest in El Mozo Gold Project in Ecuador
CNW Group - Mon Jul 20, 6:30AM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has acquired all of the issued and outstanding shares of 0990718 B.C. Ltd. ("0990718", a private company which holds the option to acquire an undivided 80% right, title and interest in the El Mozo gold project (the "El Mozo Project" in Ecuador.
GGA.TO: 0.06 (-0.01)
Goldgroup Provides Update on DynaResource, Inc. Injunction
CNW Group - Mon Jul 13, 3:15PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that on June 29, 2015 a Mazatlán Judge denied DynaResources de México, S.A. de C.V ("DynaMex" the request for an "amparo", which is, by Mexican Law, an appeal to the injunction obtained by Goldgroup against DynaMex regarding the 300 new shares of DynaMex issued in favor of DynaResource, Inc. ("DynaUSA". The issuance of the DynaMex shares to DynaUSA diluted Goldgroup's ownership interest in DynaMex with DynaUSA purporting to be an owner of 80% of DynaMex. For further information please read Goldgroup's January 14, 2014 press release titled "Goldgroup Obtains Injunction Against DynaResource, Inc."
GGA.TO: 0.06 (-0.01)
Goldgroup Provides Corporate Update
CNW Group - Thu Jun 18, 8:35PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce two recent developments: (i) the signing of a letter of intent (the "LOI" and credit agreement (the "Credit Agreement" with Monarch Gold Corp. ("Monarch" and (ii) the appointment of Mr. Javier Montaño to the Company's Board of Directors.
GGA.TO: 0.06 (-0.01)
Goldgroup Amends Promissory Note Terms with Oroco Resource Corp.
CNW Group - Tue Jun 02, 4:00PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company" (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to amend the payment terms for the US$1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note" issued by the Company to Oroco Resource Corp. ("Oroco" pursuant to terms of the Cerro Prieto property sale (see news release dated September 3, 2013). Goldgroup has issued the Oroco two promissory notes in replacement of the Note. The first note, in the principal amount of US$250,000, is payable on demand. The second, in the principal amount of US$750,000, is payable on or before September 15, 2015. Both new promissory notes bear 8% annual interest, payable monthly in arrears.
GGA.TO: 0.06 (-0.01)
Oroco Amends Promissory Note Payment Terms
Marketwired - Tue Jun 02, 12:11AM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company" announces that it has agreed with Goldgroup Mining Inc. ("Goldgroup" to amend the payment terms for the $1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note" issued by Goldgroup pursuant to terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Goldgroup has issued the Company two promissory notes in replacement of the Note. The first promissory note, in the principal amount of US$250,000, is payable on demand. The second promissory note, in the principal amount of US$750,000, is payable on September 15, 2015. Both notes bear 8% interest, payable monthly in arrears.
OCO.VN: 0.030 (unch)
Goldgroup Provides Cerro Prieto Update
CNW Group - Tue Oct 06, 9:42PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announced production and sales results for January to September 2015 for the Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico, which is comprised of the San Felix (205 ha), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro Prieto "North" (2,508 ha) and Argonauta 6 (4,120 ha) mineral concessions. Cerro Prieto is 52 road kilometers from the regional center of Magdalena de Kino (population 40,000) and 150 kilometers northeast of the city of Hermosillo. GGA.TO: 0.06 (-0.01)
Goldgroup Further Amends Promissory Note Terms with Oroco Resource Corp.
CNW Group - Tue Sep 29, 7:39PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to further amend the payment terms for the US$950,000 outstanding from the two promissory notes issued by the Company to Oroco Resource Corp. ("Oroco" pursuant to terms of the Cerro Prieto property sale (see news release dated September 3, 2013 and August 28, 2015). GGA.TO: 0.06 (-0.01)
Oroco Negotiates Payment of Goldgroup Mining Inc. Notes
Marketwired - Mon Sep 28, 8:28PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company"
announces that, further to its news release of September 16, 2015, it has agreed with Goldgroup Mining Inc. ("Goldgroup" to a revised payment schedule for the US$950,000 outstanding from the two promissory notes issued by Goldgroup to the Company. Pursuant to the agreement, Goldgroup will have until November 16, 2015 to enter into a formal debt payment agreement (the "Payment Agreement" with the Company, pursuant to which it will pay the Company US$300,000 on signing, US$20,000 per month, commencing October 1, 2015 (payments due before signing of the formal agreement to accrue and be paid at signing), until September 15, 2016, with the balance of the remaining principal on or before that date. The outstanding principal will bear 12% interest, payable monthly in arrears. If the Payment Agreement is not signed by November 16, 2015, or if Goldgroup fails to perform all of its obligations under the Payment Agreement, it will pay the Company a C$100,000 break fee. In a related transaction, the Company has also agreed to sell a total of 6 million of its shares of Goldgroup (the "Shares", at a price of $0.06 per Share to one or more persons introduced by Goldgroup, some of whom may be insiders of Goldgroup. The Company will sell 3 million of the Shares prior to the signing of the Payment Agreement, of which 2.4 million were sold today, and it will grant the purchaser the option to purchase a further 3 million, subject to the Payment Agreement being executed by November 16, 2015 and Goldgroup paying the sums due at the time of execution. OCO.VN: 0.030 (unch)
Goldgroup Fails to Make Payment to Oroco
Marketwired - Wed Sep 16, 7:25PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company"
announces that it has not received any payout from Goldgroup Mining Inc. ("Goldgroup" of the US$750,000 promissory note due and payable on September 15, 2015. The Company and Goldgroup are currently negotiating the payment of Goldgroup's outstanding indebtedness to the Company. The Company remains confident of obtaining payment in full and of Goldgroup's intentions to honour its indebtedness. OCO.VN: 0.030 (unch)
Oroco Receives 16.5 Million Shares of Goldgroup Mining Inc.
Marketwired - Fri Aug 28, 7:15PM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company"
announces that it has received 16,500,000 common shares (the "Goldgroup Shares" of Goldgroup Mining Inc. ("Goldgroup" in settlement of the US$4,125,000 promissory note (the "Note" issued to the Company by Goldgroup pursuant to the terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Under the terms of the Note, Goldgroup was entitled to pay out the Note by issuing and delivering the Goldgroup Shares in lieu of the cash. OCO.VN: 0.030 (unch)
Goldgroup Issues 16.5 million Common Shares to Oroco Resource Corp. and Promissory Note Update
CNW Group - Fri Aug 28, 6:00PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has issued 16,500,000 common shares to Oroco Resource Corp. ("Oroco" with respect to the acquisition of the Cerro Prieto project purchased in 2013 (see news release dated September 3, 2013). As part of the purchase agreement, the Company committed to issue 16,500,000 of its common shares or, at its option, pay US$4,125,000 to Oroco on or before August 30, 2015. The Company has elected to issue the common shares as opposed to cash settlement. GGA.TO: 0.06 (-0.01)
Goldgroup Announces the Results of its 2015 Annual and Special Meeting of Shareholders
CNW Group - Fri Jul 24, 4:44PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual and special meeting of shareholders in Vancouver, B.C. on June 16, 2015. GGA.TO: 0.06 (-0.01)
Goldgroup Acquires Option to Earn 80% Interest in El Mozo Gold Project in Ecuador
CNW Group - Mon Jul 20, 6:30AM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has acquired all of the issued and outstanding shares of 0990718 B.C. Ltd. ("0990718", a private company which holds the option to acquire an undivided 80% right, title and interest in the El Mozo gold project (the "El Mozo Project" in Ecuador. GGA.TO: 0.06 (-0.01)
Goldgroup Provides Update on DynaResource, Inc. Injunction
CNW Group - Mon Jul 13, 3:15PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that on June 29, 2015 a Mazatlán Judge denied DynaResources de México, S.A. de C.V ("DynaMex" the request for an "amparo", which is, by Mexican Law, an appeal to the injunction obtained by Goldgroup against DynaMex regarding the 300 new shares of DynaMex issued in favor of DynaResource, Inc. ("DynaUSA". The issuance of the DynaMex shares to DynaUSA diluted Goldgroup's ownership interest in DynaMex with DynaUSA purporting to be an owner of 80% of DynaMex. For further information please read Goldgroup's January 14, 2014 press release titled "Goldgroup Obtains Injunction Against DynaResource, Inc." GGA.TO: 0.06 (-0.01)
Goldgroup Provides Corporate Update
CNW Group - Thu Jun 18, 8:35PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce two recent developments: (i) the signing of a letter of intent (the "LOI" and credit agreement (the "Credit Agreement" with Monarch Gold Corp. ("Monarch" and (ii) the appointment of Mr. Javier Montaño to the Company's Board of Directors. GGA.TO: 0.06 (-0.01)
Goldgroup Amends Promissory Note Terms with Oroco Resource Corp.
CNW Group - Tue Jun 02, 4:00PM CDT
Goldgroup Mining Inc. ("Goldgroup" or the "Company"
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to amend the payment terms for the US$1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note" issued by the Company to Oroco Resource Corp. ("Oroco" pursuant to terms of the Cerro Prieto property sale (see news release dated September 3, 2013). Goldgroup has issued the Oroco two promissory notes in replacement of the Note. The first note, in the principal amount of US$250,000, is payable on demand. The second, in the principal amount of US$750,000, is payable on or before September 15, 2015. Both new promissory notes bear 8% annual interest, payable monthly in arrears. GGA.TO: 0.06 (-0.01)
Oroco Amends Promissory Note Payment Terms
Marketwired - Tue Jun 02, 12:11AM CDT
Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company"
announces that it has agreed with Goldgroup Mining Inc. ("Goldgroup" to amend the payment terms for the $1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note" issued by Goldgroup pursuant to terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Goldgroup has issued the Company two promissory notes in replacement of the Note. The first promissory note, in the principal amount of US$250,000, is payable on demand. The second promissory note, in the principal amount of US$750,000, is payable on September 15, 2015. Both notes bear 8% interest, payable monthly in arrears. OCO.VN: 0.030 (unch)
