Click to access 2019-05-14_NR_GGA.pdf

Vancouver, British Columbia (May 14, 2019) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is very pleased to announce a final judgment in the United States District Court for the District of Colorado (the “Court”) confirming Goldgroup’s previously announced favorable award in the arbitration against DynaUSA, Inc. (“DynaUSA”) in the news release dated August 31, 2016. The order accompanying the final judgment, dated May 9, 2019, rejected every argument DynaUSA raised since the favorable result Goldgroup reached in the 2016 arbitration.

Following the arbitration, DynaUSA filed thousands of pages of briefing and exhibits in an attempt to convince the Court to vacate the arbitration award. The May 9th order denied DynaUSA’s motion to vacate the award and rejected the recommendation of a United States Magistrate Judge, who had agreed with DynaUSA that the arbitration award should be thrown out.