Goldgroup Mining Announces Private Placement Plan

Goldgroup Mining (TSE:GGA) has released an update.

Goldgroup Mining Inc. has announced a non-brokered private placement to raise approximately $175,000 by issuing up to 3,181,818 units, each comprising one common share and one warrant. The warrants are exercisable to purchase additional shares at $0.10 within 24 months, with potential for accelerated expiry under certain conditions. The offering is subject to TSX Venture Exchange approval, with a hold period on securities issued.

For further insights into TSE:GGA stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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