Goldgroup Mining Stock Price, News & Analysis

Gold Resource Corporation (NYSE: GORO) agreed to be acquired by Goldgroup Mining in a definitive arrangement announced January 26, 2026.

GRC stockholders will receive 1.4476 Goldgroup shares per GRC share (adjusted to 0.3619 after Goldgroup’s 4-for-1 consolidation), implying US$2.25 per GRC share and a 39% premium based on Goldgroup’s January 23, 2026 closing price. The transaction values GRC at approximately US$372 million on a fully-diluted in-the-money basis. Closing is expected in Q2 2026, subject to stockholder approvals and Mexican antitrust clearance, and pro forma GRC holders are expected to own ~40% of the combined company.

Goldgroup (OTCQX: GGAZF) agreed to acquire Gold Resource Corporation (NYSE American: GORO) via a merger, creating a Mexico-focused precious metals producer. The Exchange Ratio is 1.4476 Goldgroup shares per GRC share (adjusted to 0.3619 after Goldgroup's 4-for-1 consolidation). Based on Jan 23, 2026 closing prices, the offer values GRC at ~US$372 million and represents a 39% premium to GRC's Jan 23 close. Pro forma ownership is ~60% Goldgroup shareholders and ~40% GRC stockholders. Closing is expected in Q2 2026, subject to shareholder, court, TSXV and Mexican antitrust approvals.

Goldgroup (OTCQX:GGAZF) agreed to sell 100% of Minera Apolo, S.A. de C.V., the owner of the Pinos gold‑silver project in Zacatecas, comprising 30 contiguous concessions (3,816 hectares), to a private arm's‑length BC purchaser for US$5,000,000 in staged payments.

Transaction terms include a US$2,450,000 refundable signing deposit, US$550,000 at closing, and a US$2,000,000 promissory note due within six months; the purchaser assumes liabilities including US$400,000 remaining purchase payables and US$1,500,000 triggered debt. The sale is subject to final TSXV approval.

Goldgroup (OTC:GGAZF) announced it has acquired 100% of Molimentales del Noroeste via a Concurso Mercantil restructuring after the Second District Court for Commercial Bankruptcy Matters approved the Plan of Arrangement effective December 23, 2025.

The transaction secures the San Francisco Mine concessions in Sonora, Mexico, which carry a historic NI 43-101 estimate of 1.4 million oz Au measured & indicated (99.7M tonnes at 0.446 g/t) from an August 8, 2020 report, noting ~119,589 oz were mined since that estimate. Transfer is subject to TSXV final approval and payment of creditors, taxes, concession fees and estimated MX$170M (~US$9.3M) of Concurso-related liabilities.

Goldgroup (OTCQX:GGAZF / TSXV:GGA) filed an updated NI 43-101 technical report for the Cerro Prieto heap leach project in Sonora, Mexico, effective April 4, 2025.

The independent report covers the Esperanzas Deposit (La Esperanza and Nueva Esperanza), lists Measured + Indicated 3,128,843 t @ 0.37 g/t Au = 37,209 oz and Inferred 131,536 t @ 0.36 g/t Au = 1,504 oz at a 0.20 g/t cutoff. Goldgroup owns 100% of 6,980 ha of concessions and has produced ≈136,000 oz since 2013 to Sept 30, 2025. Recent operational upgrades doubled crushing capacity to >4,200 tpd from 2,400 tpd and annual production was 8,174 oz over the past two years to Sept 30, 2025. The company has started exploration of nearby targets and tailings reprocessing preparations.

Goldgroup (OTCQX: GGAZF) has retained Machai Capital Inc. to provide digital marketing services, subject to TSX.V approval.

The engagement runs immediately through January 14, 2026 and compensates Machai C$200,000 plus GST. Services include SEO, SEM, lead generation, social media, email and brand marketing. Machai is described as arm's length and the campaign will be conducted in accordance with applicable TSX.V policies.

Goldgroup (OTCQX:GGAZF) installed a second crushing circuit at its 100% owned Cerro Prieto mine in Sonora, doubling crushing capacity to over 4,500 tonnes per day. Management is targeting annual production of over 24,000 ounces from enhanced mining, noting past production of ~11,500 ounces annually. A July 2025 independent engineering study found re-leaching existing heap leach pads economically feasible; the company targets initial re-leach production in 1Q 2026. Exploration and resource expansion continue to support potential mine-life and production increases. Corporate items: a 12-month media services agreement for CDN$100,000 and a correction to previously disclosed finders units issued (now 78,013 units).

Goldgroup Mining (OTCQX:GGAZF) has acquired 52.7% of creditors' rights in Molimentales del Noroeste's restructuring proceeding for approximately US$3.74 million. This strategic acquisition positions Goldgroup to file a Plan of Arrangement to potentially gain ownership of the San Francisco Mine in Sonora, Mexico.

The San Francisco Mine acquisition would include mining concessions, processing plants, and related infrastructure. As a historically significant gold producer in Sonora, the mine presents substantial exploration, development, and production potential. However, the completion requires various approvals, including from the TSX Venture Exchange, Mexican Court, and settlement of outstanding government liabilities.

Goldgroup Mining (OTCQX:GGAZF) has successfully closed its previously announced CAD $4 million non-brokered private placement. The company sold 4,848,485 units at $0.825 per unit, with each unit consisting of one common share and one warrant exercisable at $1.05 until September 12, 2027.

The company paid $182,505 in finder's fees and issued additional finder's warrants and units. The proceeds will be used to pursue strategic acquisition opportunities, particularly focusing on mining assets and operating mines, though the company cautions that the acquisition process may be lengthy with no guaranteed outcomes.