Goldgroup Announces Proposed Non-Brokered Private Placement
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Goldgroup Mining Inc. announced a non-brokered private placement to raise up to $7 million by issuing 23,333,334 units at $0.30 each. Each unit includes one common share and a half warrant, exercisable at $0.45 for 24 months. The placement is subject to TSXV approval.
March 11, 2025 | 1:30 pm
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Goldgroup Mining Inc. is conducting a non-brokered private placement to raise up to $7 million. This involves issuing units at $0.30, each with a share and a half warrant, exercisable at $0.45. The move is subject to TSXV approval.
The private placement aims to raise significant capital, which could enhance Goldgroup's financial position and fund future projects. The inclusion of warrants may attract investors, potentially boosting the stock price. However, the placement is subject to TSXV approval, which introduces some uncertainty.
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