TSX-listed Goldgroup Mining has issued 4.69-million common shares at $0.06 apiece to satisfy the $200 000 debt it owes to mineral exploration company Oroco Resource Corp. Of the debt satisfied, $145 000 was allocated to the balance outstanding on two promissory notes – each dated May 31, 2015 – issued in accordance with a payment agreement between the two companies; $55 000 related to the Mexican value added tax (VAT) also owed to Oroco.
