Goldgroup Completes Sale of Pinos Project
1
NEWS RELEASE
GOLDGROUP COMPLETES SALE OF PINOS PROJECT
Vancouver, Canada – (February 27, 2026) – Goldgroup Mining Inc. (“ Goldgroup” or the “ Company”) (TSX-
V:GGA, OTC:GGAZF).
Goldgroup announces that, further to its news release dated December 31, 2025, it has completed the sale of
Minera Apolo, S.A. de C.V. (“Apolo”), which owns all the issued and outstanding shares of Minera Catanava,
S.A. de C.V. (“MC”), to a private arm’s-length British Columbia company (the “Purchaser”) in consideration of
the payment to Goldgroup of US$5,000,000 in stages, with US$2,450,000 paid on signing, US$550,000 paid on
closing and US$2,000,000 to be paid within six (6) months following the closing, which payment is secured by
a promissory note.
Apolo and MC collectively hold a 100% interest in the Pinos gold/silver project (“Pinos”) located in Zacatecas
State, the second largest mining state in Mexico. Pinos comprises 30 contiguous mining concessions over 3,816
hectares. The sale of Apolo is an arm’s length transaction and no finder’s fees were paid in connection
therewith.
Further, the Purchaser has assumed all liabilities of Goldgroup associated with Apolo, MC and the Pinos
project, including the assumption of US$400,000 remaining payable on the original purchase agreement in
addition to debt in the amount of US$1,500,000 payable t o the previous owners of Apolo that was triggered
by the sale of Apolo. Goldgroup, the Purchaser and the previous owners of Apolo have also entered into an
assumption and acknowledgement agreement under which the previous owners acknowledge and agree that
they will have no further recourse against Goldgroup for any liabilities related to Apolo, MC and the Pinos
project, all of which have been assumed by the Purchaser.
Engagement of Investing News Network
Goldgroup also announces that it has entered into an investing news campaign agreement (the “ INN
Agreement“) with Dig Media Inc. dba Investing News Network (“INN“).
Pursuant to the INN Agreement, INN will execute a six -month digital marketing and investor outreach
campaign which will include investor lead generation, press release syndication, targeted advertising across
selected channels and newsletters, and participa ti o n i n s e c t o r r e p o r t s a n d i n t e r v i e w s t o i n c r e a s e t h e
Company’s visibility with investors.
INN publishes investor-focused news and educational content and has an office at 1166 Alberni Street, Suite
1201, Vancouver, British Columbia, V7X 1L3. Mike Rodger will provide services on behalf of INN. The campaign
was launched on or before November 15, 2025 and will continue through to May 15, 2026, pursuant to which
INN will receive C$30,000 plus GST. The services will be conducted in accordance with applicable TSX Venture
Exchange (“ TSXV”) policies. INN and Mike Rodger are arm’s length to the Company and have no other
2
relationship with the Company other than under the INN Agreement. The INN Agreement has been accepted
by the TSXV.
About Goldgroup
Goldgroup is a Canadian -based mining Company with two high-growth gold assets in Mexico. In addition t o
the San Francisco gold mine, the Company has a 100% interest in the producing Cerro Prieto heap -leach gold
mine located in the State of Sonora. An optimization and exploration program is underway at Cerro Prieto to
significantly increase existing production and resources. The acquisition of Molimentales del Noroeste, S.A. de
C.V. (“Molimentales”), the owner of the San Francisco gold mine is subject to final approval from the TSXV.
Goldgroup is led by a team of highly successful and seasoned individuals with extensive expertise in mine
development, corporate finance, and exploration in Mexico.
For further information on Goldgroup, please visit www.goldgroupmining.com
On behalf of the Board of Directors
“Ralph Shearing”
Ralph Shearing, CEO
For more information:
+1 (604) 306-6867
410 – 1111 Melville St.
Vancouver, BC, V6E 3V6
www.goldgroupmining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
CAUTIONARY NOTES REGARDING FORWARD-LOOKING INFORMATION
Certain information contained in this news release, including any information relating to future financial or
operating performance, may be considered “forward- looking information” (within the meaning of applicable
Canadian securities law) and “forward- looking statements” (within the meaning of the United States Private
Securities Litigation Reform Act of 1995). These statements relate to analyses and other information that are
based on forecasts of future results, estimates of amounts not yet determinable and assumptions of
management. Actual results could differ materially from the conclusions, forecasts and projections contained
in such forward-looking information.
These forward-looking statements reflect Goldgroup’s current internal projections, expectations or beliefs and
are based on information currently available to Goldgroup. In some cases forward-looking information can be
identified by terminology such as “may”, “will”, “should”, “expect”, “intend”, “plan” , “anticipate”, “believe” ,
“estimate”, “projects”, “potential”, “scheduled”, “forecast”, “budget” or the negative of those terms or other
comparable terminology. Such forward- looking statements involve known and unknown risks, uncertainties
and other factors which may cause actual results, performance or achievements to be materially different from
any future results, performance or achievements expressed or implied by the forward-looking statements.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other
factors that could cause actual events or results to materially differ from those reflected in the forward-looking
information, and are developed based on assumptions about such risks, uncertainties and other factors
including, without limitation: receipt of all required TSXV, regulatory and other interested party approvals;
3
uncertainties related to actual capital costs operating costs and expenditures; production schedules and
economic returns from Goldgroup’s projects; timing to integrate acquisitions (San Francisco Mine) and timing
to complete additional exploration and technical reports; uncertainties associated with development activities;
uncertainties inherent in the estimation of mineral resources and precious metal recoveries; uncertainties
related to current global economic conditions; fluctuations in precious and base metal prices; uncertainties
related to the availability of future financing; potential difficulties with joint venture partners; risks that
Goldgroup’s title to its property could be challenged; political and country risk; risks associated with Goldgroup
being subject to government regulation; risks associated with surface rights; environmental risks; Goldgroup’s
need to attract and retain qualified personnel; risks associated with potential conflicts of interest; Goldgroup’s
lack of experience in overseeing the construction of a mining project; risks related to the integration of
businesses and assets acquired by Goldgroup; uncertainties related to the competitiveness of the mining
industry; risk associated with theft; risk of water shortages and risks associated with competition for water;
uninsured risks and inadequate insurance coverage; risks associated with potential legal proceedings; risks
associated with community relations; outside contractor risks; risks related to archaeological sites; foreign
currency risks; risks associated with security and human rights; and risks related to the need for reclamation
activities on Goldgroup’s properties, as well as the risk factors disclosed in Goldgroup’s MD&A. Any and all of
the forward-looking information contained in this news release is qualified by these cautionary statements.
Although Goldgroup believes that the forward- looking information contained in this news release is based on
reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements.
Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Goldgroup
expressly disclaims any intention or obligation to update or revise any forward- looking information, whether
as a result of new information, events or otherwise, except as may be required by, and in accordance with,
applicable securities laws.