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18.07.26 - 00:42
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Goldgroup Mining and Gold Resource Corporation Announce Closing of Business Combination and Goldgroup′s Anticipated Listing on the NYSE American (Business Wire)
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VANCOUVER, British Columbia & DENVER--(BUSINESS WIRE)--Goldgroup Mining Inc. (TSX-V: GGA; OTC: GGAZD) (“Goldgroup” or the “Company”) and Gold Resource Corporation (NYSE American: GORO) (“GRC”) are pleased to announce that they have closed the previously announced merger (the “Merger”) pursuant to the Arrangement Agreement and Plan of Merger, dated January 25, 2026 and amended on May 15, 2026, by and among GRC, Goldgroup, and Goldgroup Merger Sub Inc., a wholly owned subsidiary of Goldgroup (“Merger Sub”). At the effective time of the Merger, GRC merged with and into Merger Sub, with GRC surviving as a wholly owned subsidiary of Goldgroup. As a result of the Merger, GRC shareholders are entitled to receive 0.3619 common shares of Goldgroup for each share of GRC's common stock.
Allen Palmiere, Goldgroup's new President and Chief Executive Officer, remarked: “The business combination of Goldgroup and GRC represents a transformational milestone. With the combined assets and resources...
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17.07.26 - 14:09
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After Expected Business Combination of Gold Resource and Goldgroup Mining, Combined Company Will Be Ineligible for Russell 2000 Comprehensive Factor Index Due to National Eligibility Requirements (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company,” “we,” “our,” or “GRC”) announced that it has received notification from the FTSE Russell that following the Company's previously announced merger (the “Merger”) with Goldgroup Mining Inc. (“Goldgroup”), the combined company will not be eligible for inclusion in the Russell 2000 Comprehensive Factor Index beginning on July 20, 2026, as Goldgroup does not meet FTSE Russell's nationality eligibility requirements within the Russell Index family, apparently based on Goldgroup's Canadian home country indicators. Previously, GRC had been added to certain Russell Indexes effective after the market close on June 26, 2026 in connection with the annual and semi-annual Russell U.S. Indexes reconstitution. Subject to obtaining all required approvals and the satisfaction or waiver of all required closing conditions for the Merger, the Merger is expected to be consummated after the market close on July 17,...
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15.07.26 - 22:15
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Goldgroup Mining and Gold Resource Corporation Announce Expected Ticker Symbol of Combined Company (Business Wire)
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VANCOUVER, British Columbia & DENVER--(BUSINESS WIRE)--Goldgroup Mining Inc. (TSX-V: GGA; OTC: GGAZD) (“Goldgroup” or the “Company”) and Gold Resource Corporation (NYSE American: GORO) (“GRC”) are pleased to announce that subject to obtaining all required approvals, including the approval of the TSX Venture Exchange, and the satisfaction or waiver of all required closing conditions for the previously announced merger (the “Merger”) pursuant to the Arrangement Agreement and Plan of Merger dated January 25, 2026 and amended on May 15, 2026, by and among GRC, Goldgroup, and Goldgroup Merger Sub Inc., a wholly owned subsidiary of Goldgroup, Goldgroup's common shares are expected to commence trading under the ticker symbol “GORO” on the NYSE American LLC (the “NYSE American”) after the closing of the Merger.
Subject to the above-mentioned approvals and conditions, the Merger is expected to be consummated after the market close on July 17, 2026. As a result of the Merger, Goldgroup's c...
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02.07.26 - 22:36
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Gold Resource Corporation Shareholders Approve Merger at Special Meeting (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company,” “we,” “our,” or “GRC”) today announced that, at the Company's Special Meeting of Shareholders held this morning, our shareholders approved the previously announced Arrangement Agreement and Plan of Merger, dated January 25, 2026 and amended on May 15, 2026, by and among the Company, Goldgroup Mining Inc., a corporation incorporated under the laws of the province of British Columbia (“Goldgroup”), and Goldgroup Merger Sub Inc., a Colorado corporation and wholly owned subsidiary of Goldgroup (“Merger Sub”), pursuant to which Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Goldgroup (the “Merger”). Subject to obtaining all required approvals and the satisfaction or waiver of all required closing conditions, the Merger is expected to close on or about July 17, 2026, following completion of a share consolidation by Goldgroup.
Additiona...
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05.06.26 - 13:06
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Gold Resource Corporation Announces Special Shareholder Meeting to Vote on Strategic Merger With Goldgroup Mining (Business Wire)
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With Proxy Materials Officially Being Mailed, the Board Urges Shareholders to Vote “FOR” the Milestone Deal That Will Combine Core Assets and Drive Long-Term Shareholder ValueDENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company,” “we,” “our,” or “GRC”) today announced updates regarding our upcoming Special Meeting of Shareholders (the “Special Meeting”) scheduled for July 2, 2026. The definitive proxy statement has been filed with the Securities and Exchange Commission (the “SEC”), and mailing has been completed to shareholders of record as of May 26, 2026.
The Goldgroup Merger: Unlocking Shareholder Value
Following the finalization of the definitive transaction documentation, the Company is moving into the final approval phase of its strategic combination. Under the terms of the Arrangement Agreement and Plan of Merger dated January 25, 2026, as amended on May 15, 2026, the Company will combine with Goldgroup Mining Inc. (TSX-V: GGA; OTC: GGAZ...
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07.05.26 - 23:57
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Gold Resource Corporation Announces First Quarter 2026 Results (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce the first quarter production results from its Don David Gold Mine. During the quarter, the Company's production included sales of 374,232 ounces of silver, 1,548 ounces of gold, and a total gold equivalent (“AuEq”) ounces of 8,749. Total cash costs were $2,164 per AuEq ounce, and with continued investment in the mine infrastructure and drilling resulted in an all-in sustaining cost of $3,476 per AuEq ounce. The Company had a net income of $4.7 million, or $0.03 per share, for the quarter.
“We are pleased to report another strong quarter and returning the Company to positive net income, with $40.2 million in working capital and $31.0 million in cash and cash equivalents as of March 31, 2026,” said Allen Palmiere, President and CEO. “We continued to make meaningful progress in strengthening operational performance at Don David while advancing the proposed transaction with Goldgroup ...
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18.03.26 - 22:48
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Gold Resource Corporation Reports Financial Results for the Year Ended December 31, 2025 (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its full-year operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.
“We are pleased to report a successful operational turnaround during 2025 that culminated in a strong fourth quarter finish and over $25 million in cash and equivalents on the balance sheet,” said Allen Palmiere, President and CEO. “Obviously, favorable metal prices were a meaningful contribution which realized an average of $55 per ounce for silver and $4,234 per ounce for gold metal sales. Production from our Three Sisters zone made a significant contribution, as expected, and as a result we anticipate that silver will represent approximately 40% of our output from this zone in 2026 and enhance our leverage to the silver market. Our operations team in Mexico has executed exceptionally well on our 2025 objectives, delivering solid year end re...
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26.01.26 - 12:03
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Gold Resource Corporation Announces Business Combination With Goldgroup Mining (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company,” “we,” “our,” or “GRC”) is pleased to announce that it has entered into a definitive arrangement agreement and plan of merger (the “Arrangement Agreement”) with Goldgroup Mining Inc. (TSX-V: GGA; OTC: GGAZF) (“Goldgroup”), whereby Goldgroup has agreed to acquire all of the issued and outstanding shares of the Company's common stock (the “Transaction”).
Pursuant to the Arrangement Agreement, the Company's stockholders will receive 1.4476 common shares of Goldgroup for each share of the Company's common stock (adjusted to 0.3619 common shares of Goldgroup for each share of the Company's common stock as a result of a four-for-one share consolidation to be completed by Goldgroup prior to closing). Based on the closing price of Goldgroup's common shares on January 23, 2026, the exchange ratio represents a value of US$2.25 per share of the Company's common stock, reflecting a 39% premium to ...
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20.01.26 - 23:51
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Gold Resource Corporation Announces Strong Preliminary Year-End Results, Highlighting Operational Turnaround (Business Wire)
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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce preliminary fourth quarter production results from its Don David Gold Mine that are a significant improvement from previous quarters and represents 45% of the full-year production for 2025. The net result is a significantly improved year-end balance sheet of $25 million and no debt. During the quarter, the Company's production profile has transitioned into more of a silver producer, accounting for about 80% of its revenue, including a record sale of 663,503 ounces of silver, 1,785 ounces of gold and a total gold equivalent (AuEq) ounces of 10,413. For the twelve months ending December 31, 2025, the company sold 23,125 AuEq ounces.
“We are extremely pleased to report a such strong finish to 2025, reflecting the successful turnaround in operations and increasing ore production from the new Three Sisters area where higher grades and improved production, combined with record high metal prices...
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