Goldgroup Mining Inc. is pleased to announce that it has closed the CAD $12 million private placement previously announced on July 18, 2025, and July 21, 2025. Goldgroup sold on a non-brokered private placement basis 15,000,0000 units of the Company at a price of $0.80 per Unit for aggregate gross proceeds of $12,000,000. Each Unit comprises one common share and one common share purchase warrant . Each Warrant is exercisable into one Common Share at a price of $1.10 per share until August 5, 2027. Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 1,875,000 Units at $0.80 per Unit for total consideration of approximately $1.5 million. Prior to the Private Placement, Mr. Sprott beneficially owned or controlled 27,954,500 C...