Goldgroup Mining Inc. and Gold Resource Corporation (GRC) finalized their business combination on July 17, 2026. GRC now operates as a wholly-owned subsidiary of Goldgroup.
The merger establishes a leading precious metals producer centered on Mexican assets. The companies secured all required shareholder and regulatory approvals prior to the closing.
GRC shareholders are entitled to receive 0.3619 Goldgroup common shares for each GRC share held.
Gold Resource Corporation will delist from the NYSE American on or about July 20, 2026. Goldgroup Mining will then begin trading on the NYSE American under the former GRC ticker symbol, GORO.