Goldgroup Amends Promissory Note Terms with Oroco Resource Corp.
Goldgroup Mining Inc. today announces that it has agreed to amend the payment terms for theUS$1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note issued by the Company to Oroco Resource Corp. pursuant to terms of the Cerro Prieto property sale. Goldgroup has issued the Oroco two promissory notes in replacement of the Note. The first note, in the principal amount of US$250,000, is payable on demand. The second, in the principal amount ofUS$750,000, is payable on or before September 15, 2015. Both new promissory notes bear 8% annual interest, payable monthly in arrears.









