Shareholders of Goldgroup Mining and Gold Resource Corporation approved their US$372 million business combination on July 2, 2026, with closing expected on or about July 17 following Goldgroup’s 4:1 share consolidation aimed at an NYSE American listing. The merger creates a multi-mine, Mexico-focused precious metals producer spanning the Cerro Prieto mine and San Francisco project in Sonora, the Don David mine in Oaxaca, and the Back Forty project in Michigan.
Goldgroup Mining, the Vancouver-based company building a Mexico-centered precious metals portfolio, secured shareholder approval for its business combination with Gold Resource Corporation at its Annual General and Special Meeting held July 2, 2026, while Gold Resource’s own stockholders endorsed the transaction the same day at a separate special meeting.
Turnout at the Goldgroup meeting left little doubt about investor…
