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VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX: GGA, OTC: GGAZF, BMV SIX: GGAN.MX) announces the appointment of Mr. John McClintock as the Chief Executive Officer of the Company (“CEO”) effectively immediately. Anthony Balic, the former interim CEO, will continue as the company’s chief financial officer.
Mr. McClintock has over 14 years of international and domestic capital markets experience within the mining and metallurgical industry. Mr. McClintock began his career in investment banking and equity research in Toronto before moving to the UK to work in fixed income and mergers and acquisitions with Pareto Securities SA, where he focused on finding and structuring high yield debt, syndicated loan facilities and equity increases. During his eight years in investment banking, Mr. McClintock has arranged over $ 700 million in financing for mining companies. Mr. McClintock holds an MA in Minerals and Energy Economics from Curtin University, Perth, Australia.
“On behalf of the Goldgroup Board of Directors, I am very pleased to welcome Mr. McClintock as the new CEO,” said Corry Silbernagel, Director. “We are delighted with his commitment to continue executing Goldgroup’s key strategic priorities and growth strategy. “
Goldgroup is a Canadian gold production, development and exploration company with significant potential in a portfolio of projects in Mexico, including an interest in DynaResource de Mexico, SA de CV, which owns 100% of the gold exploration project. high grade. , San José de Gracia, located in the State of Sinaloa. In addition, the Company operates its 100% owned Cerro Prieto heap leach gold mine in Sonora State, Mexico.
Goldgroup is led by a team of seasoned and seasoned individuals with extensive expertise in mining development, corporate finance and exploration in Mexico. Goldgroup’s mission is to increase gold production, mineral resources, profitability and cash flow, with a view to building a major gold producer.
For more information about Goldgroup, please visit www.goldgroupmining.com
On behalf of the board of directors
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