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Goldgroup Announces the Results of its Annual General and Special Meeting of Shareholders

Shareholder Meetings

Goldgroup Announces the Results of its Annual General and Special Meeting of

Shareholders

Vancouver, British Columbia ( August 2, 201 9) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”)

(TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual general and special meeting of shareholders in

Vancouver, B.C. on July 31, 2019.

Common Shares represented at the Meeting: 99,863,540

Total issued and outstanding Common Shares as at Record Date: 185,136,689

Percentage of issued and outstanding Common Shares represented: 53.94%

MATTERS VOTED UPON VOTING RESULTS

1. Number of Directors Votes in Favour Votes Against

The fixation of the number of directors at five. 72,662,015 (99.43%) 415,408 (0.57%)

The number of directors was fixed at five (5)

2. Election of Directors Votes in Favour Votes Withheld

The election of the following nominees as directors of the Co mpany

for the ensuing year or until their successors are appointed:

Keith Piggott 8,462,805 (11.58%) 64,614,619 (88.42%)

Corry J. Silbernagel 72,622,043 (99.38%) 455,380 (0.62%)

Javier Reyes 72,620,720 (99.38%) 456,703 (0.62%)

Javier Montano 72,610,020 (99.36%) 467,403 (0.64%)

Harry Burgess 8,066,505 (11.04%) 65,010,919 (88.96%)

Each of the five nominees proposed by management were elected as a director of the Company.

3. Appointment of Auditors Votes in Favour Votes Withheld

The appointment of Davidson & Co mpany LLP , Chartered

Accountants, as auditors of the Company and the authoriza tion of

the directors to set their remuneration.

99,599,388 (99.74%) 264,152 (0.26%)

Davidson & Company LLP , Chartered Accountants, was re -appointed as the auditors of th e Compa ny and the

directors were authorized to set their remuneration.

The formal report on voting results with respect to all matters voted upon at the meeting has been filed on SEDAR.

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 Son ora, 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

Investor Relations

Toll Free: 1-877-655-ozAu (6928)