Business
GOLDGROUP MINING INC. ANNOUNCES FILING OF PRELIMINARY SHORT FORM PROSPECTUS
Feb. 10, 2011 (Canada NewsWire Group) -- /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN C...
About this update from Goldgroup Mining Inc.
[{"type":"text","content":"\n\n\n\n Feb. 10, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS\n NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR\n DISSEMINATION IN THE UNITED STATES./\n\n\nVANCOUVER, Feb. 10 /CNW/ - Goldgroup Mining Inc. (TSX:GGA) ("Goldgroup"\n or the "Company") is pleased to announce that it has filed a\n preliminary short form prospectus pursuant to which the Company\n proposes to complete an offering of 20 million common shares (the\n "Offering"). Dahlman Rose & Company, LLC and Canaccord Genuity Corp.\n are acting as joint book-running managers for the Offering along with\n Jennings Capital Inc. acting as co-manager.\n\n\nThe Company intends to use the net proceeds from the Offering to provide\n capital for the development of its flagship Caballo Blanco project in\n Veracruz, Mexico and for general corporate purposes.\n\n\nThe Company will grant the underwriters a 30-day option to purchase up\n to 3 million additional shares of common stock in the Offering to cover\n over-allotments, if any.\n\n\nFinal pricing of the Offering will be determined in the context of the\n market prior to the filing of the final short form prospectus in\n respect of the Offering. The common shares will be offered in Alberta,\n British Columbia and Ontario by way of a short form prospectus and\n other jurisdictions outside of Canada pursuant to applicable private\n placement exemptions.\n\...