Day: June 27, 2013

Goldgroup Mining Inc. announced today that its Board of Directors has appointed Chairman & Director, Mr. Keith Piggott, as President and Chief Executive Officer, replacing Dr. Hans von Michaelis. Dr. von Michaelis has resigned as the Company’s President and CEO to pursue other business interests but remains a committed member of its Board of Directors. Mr. Piggott has a proven track-record of operating companies efficiently through difficult economic times and is also the Company’s largest shareholder.

Aurcana Corporation is pleased to announce that it has accepted an indicative terms sheet from RK Mine Finance, part of the Red Kite Group, one of the largest metal merchants in the world, for an unsecured 3 year loan facility of $50 million and silver Offtake Agreement for the silver produced at the Shafter mine.