NYSE American trading is expected to start on 20th July 2026
Goldgroup Mining Inc. Expects its common shares to trade under the ticker symbol GORO on NYSE American after its planned merger with Gold Resource Corporation closes.
The company now trades as GGA on the TSX Venture Exchange and as GGAZD on the OTC market. Gold Resource Corporation trades as GORO on NYSE American.
However, the listing still needs required approvals, including approval from the TSX Venture Exchange. The deal also remains subject to the satisfaction or waiver of closing conditions in the merger agreement.
The arrangement agreement and plan of merger was dated 25th January 2026. The companies amended it on 15th May 2026. The agreement names Gold Resource Corporation, Goldgroup, and Goldgroup Merger Sub Inc., a wholly owned subsidiary of Goldgroup.
If those steps are completed, the companies expect to consummate the merger after the market close on 17th July 2026. Before the market opens on 20th July 2026, Goldgroup shares are expected to start trading on NYSE American.
As a result, Gold Resource Corporation’s common stock is expected to be delisted from NYSE American before trading begins on 20th July 2026. Goldgroup’s common shares are also expected to stop being quoted on the OTC Markets when NYSE American trading starts.
Goldgroup is a Canadian-based mining company with two gold assets in Mexico. It owns 100% of the San Francisco project in Sonora. It also owns 100% of the producing Cerro Prieto heap leach gold mine in Sonora.
San Francisco project in Sonora
The San Francisco project was recently acquired. The project is fully permitted for a rapid restart of mining operations. The site includes two open pits, heap leach processing facilities, and associated infrastructure.
Goldgroup describes San Francisco as a project with significant gold resources. It also points to upside from optimised development plans and multiple large-scale exploration targets.
Meanwhile, Cerro Prieto gives the company a producing gold mine in Sonora. Its leadership team has experience in mine development, corporate finance, and exploration in Mexico.
Gold Resource Corporation brings producing, development, and exploration assets to the merger. Its operations are centred on the Don David Gold Mine in Oaxaca, Mexico.
The company also aims to unlock more value from existing infrastructure and a large land position around the Oaxaca mine. In the United States, it is developing the Back Forty Project in Michigan.
Following completion, the NYSE American listing would place Goldgroup shares under the GORO ticker symbol already used by GRC. The change would shift the surviving public listing from GRC common stock to Goldgroup common shares.
