Business
Goldgroup Announces the Filing of Legal Action
VANCOUVER , Oct. 28, 2013 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TS...
About this update from Goldgroup Mining Inc.
[{"type":"text","content":"\n\n\nVANCOUVER, Oct. 28, 2013 /CNW/ - Goldgroup Mining Inc. (\"Goldgroup\" or\n the \"Company\") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that it\n has filed a legal action before the appropriate criminal authorities in\n Mexico concerning recent activities undertaken by Koy Wilber Diepholz\n (\"Diepholz\"), shareholder, President and Chairman of the Board of\n Directors of Dyna Resources de Mexico, S.A. de C.V. (\"DynaMex\") and\n Chairman, Chief Executive Officer and Treasurer of DynaResources Inc.\n (\"DynaUSA\") (OTCQB:DYNR).  DynaMex is owned 50% by Goldgroup, 49% by\n DynaUSA and 1% by Diepholz.\n\n\nThe purpose of the legal action case is to investigate whether illegal\n acts were committed by Diepholz, in his role as CEO of DynaMex, for his\n own benefit and for the benefit of DynaUSA.\n\n\nAbout Goldgroup\n\n\nGoldgroup is a Canadian-based gold production, development, and\n exploration Company with significant upside in a portfolio of projects\n in Mexico, including its flagship 100%-owned advanced stage gold\n development project Caballo Blanco in the state of Veracruz, and a 50%\n interest in DynaResource de Mexico, S.A. de C.V., which owns 100% of\n the high-grade gold exploration project, San José de Gracia located in\n the state of Sinaloa. The Company also operates its 100%-owned Cerro\n Colorado gold mine in the state of Sonora.\n\n\nGoldgroup is led by a team of highly successful and seasoned individuals\n with extensive expertise in mine development, corporate finance, and\n exploration in Mexico. Goldgroup's mission is to increase gold\n production, mineral resources, profitability and cash flow, building a\n leading gold producer in Mexico.\n\n\n\n\n\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION \n\n\nCertain information contained in this news release, including any\n information relating to future financial or operating performance, may\n be considered \"forward-looking information\" (within the meaning of\n applicable Canadian securities law) and \"forward-looking statements\"\n (within the meaning of the United States Private Securities Litigation\n Reform Act of 1995). These statements relate to analyses and other\n information that are based on forecasts of future results, estimates of\n amounts not yet determinable and assumptions of management. Actual\n results could differ ...