Goldgroup increases financing to US$125M
- Goldgroup Mining (GORO:CA) increased its previously announced non-brokered private placement from up to US$75M to US$125M due to strong investor demand.
- Each unit will include one common share and half a warrant, with each full warrant exercisable at US$5.10 per share for 18 months.
- Proceeds will support working capital, mining and development projects, acquisitions, strategic investments and potential M&A.
- The offering is expected to close around September 30, 2026.
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