Goldgroup Sells Pinos Project in a $5 Million Transaction

Goldgroup Mining Inc. has finalized the sale of Minera Apolo, S.A. de C.V., the owner of Minera Catanava, S.A. de C.V., to a private company. This transaction, valued at US$5 million, involves staggered payments with US$2,450,000 received at signing, US$550,000 at closing, and US$2,000,000 due within six months. The Pinos project, located in Zacatecas, Mexico, spans 3,816 hectares across 30 mining concessions.

The purchaser assumes all liabilities tied to Goldgroup's involvement in Apolo and the Pinos project, including payments of outstanding debts. Concurrently, Goldgroup has partnered with Dig Media Inc. for a six-month investor outreach campaign, which includes news syndication and marketing efforts to broaden investor visibility.