Goldgroup listing on NYSE American is expected from 20th July
Goldgroup listing on the NYSE American is expected to begin after Gold Resource Corporation is delisted before market open on or about 20th July 2026, following the companies’ completed merger.
Under the deal, Gold Resource Corporation merged with and into Goldgroup Merger Sub Inc., a wholly owned subsidiary of Goldgroup Mining Inc., with Gold Resource Corporation surviving as a wholly owned subsidiary of Goldgroup.
The merger closed after approvals from the shareholders of both companies on 2nd July 2026, the Mexican National Antitrust Commission on 23rd April 2026, the Supreme Court of British Columbia on 6th July 2026, and the TSX Venture Exchange.
Goldgroup must also deliver certain closing documentation to the Mexican National Antitrust Commission within 30 business days of the merger closing, along with the elements to determine final tariffs, or it may face potential daily coercive penalties.
Board and ticker changes
Once trading begins on the NYSE American under the ticker symbol GORO, Goldgroup’s common shares will no longer be quoted on the OTC Markets. Gold Resource Corporation will also apply to cease being a reporting issuer in applicable jurisdictions in Canada.
The TSX Venture Exchange has approved a change to Goldgroup’s ticker symbol from GGA to GORO, expected to take effect on or around Wednesday, 22nd July 2026.
Following the merger, Goldgroup reconstituted its board and executive management. Ron Little, Lila Manassa Murphy, Nicole Adshead-Bell, Luis Felipe Medina Aguirre and Francisco Javier Reyes de la Campa were appointed to the board, while Allen Palmiere was appointed president and chief executive officer, Chet Holyoak chief financial officer, and Armando Alexandri chief operating officer.
Allen Palmiere, Goldgroup’s new President and Chief Executive Officer, said: “The business combination of Goldgroup and GRC represents a transformational milestone. With the combined assets and resources of both entities, we expect Goldgroup to become a leading, Mexico-focused junior precious metals producer.”
