Goldgroup Mining upsizes private placement to about US$125 million

• Goldgroup Mining announced a non-brokered private placement of up to 20,547,945 units priced at US$ 3.65 each.
• Target gross proceeds increased to about US$ 125 million from about US$ 75 million.
• Each unit includes one common share, one-half common share purchase warrant.
• Each whole warrant allows purchase of one common share at US$ 5.10 within 18 months of closing.
• Closing expected on or about Sept. 30, 2026, subject to TSX Venture Exchange conditional approval, NYSE American approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Goldgroup Mining Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-113963), on October 06, 2026, and is solely responsible for the information contained therein.