Goldgroup Announces Retirement of Chairman, President and CEO
Goldgroup Announces Retirement of Chairman, President and CEO
Vancouver, British Columbia ( June 28, 201 9) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”)
(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that Keith Piggott has retired as Chairman, President
and Chief Executive Officer of the Company effective June 26, 2019, to further other interests and will continue to
serve as a Director of the Company . At this time Anthony Balic, the Company’s CFO, will become Interim CEO as
the Company assesses the vacancy in the position.
Corry Silberangel, who is a f ellow director who founded the Company along with Keith said, “I would like to thank
Keith for his significant contributions to the Company’s development over the years, especially over the last few years
where Keith lead the Company’s success in receiving a confirmation of an arbitration award against DynaUSA, Inc. in
the United States District Court for the District of Colorado , in addition to the Company’s survival from the cash
flows from the Cerro Prieto mine. I wish him well in his future endeavours.”
About Goldgroup
Goldgroup is a Canadian-based gold production, development, and exploration Company with a significant upside in
a portfolio of projects in Mexico and Ecuador, including a 50% interest in Dyna Resource de Mexico, S.A. de C.V.,
which owns 100% of the high-grade gold exploration project, San José de Gracia located in the State of Sinaloa. The
Company operates its 100% -owned Cerro Prieto heap -leach gold mine, in the State of Sonora, Mexico, and is
continuing the environmental assessment and p ermitting processes to advance to pro duction the El Mozo property in
Ecuador.
Goldgroup is led by a team of highly successful and seasoned individuals with extensive expertise in mine
development, cor porate fin ance, an d exploration in Mexico and Ecuador. Goldgroup's mission is to increase go ld
production, mineral resources, profitability and cash flow, with a view to building a leading gold producer.
For further information on Goldgroup, please visit www.goldgroupmining.com
On behalf of the Board of Directors,
Mr. Keith Piggott, Chairman and President
Tel: 1-520-247-5753
Investor Relations
Toll Free: 1-877-655-ozAu (6928)