Goldgroup Mining invests C$ 101.12 million in Luca Mining subscription receipts

• Goldgroup Mining completed a CAD 101.12 million investment in Luca Mining through a private placement that closed October 14, 2026.
• The investment comprised 101,123,662 subscription receipts priced at CAD 1 each.
• Following Luca's Cozamin Mine acquisition, conversion of all subscription receipts would yield 101,123,662 common shares, representing approximately 19.9% ownership.
• An investor rights agreement grants two board nomination rights while ownership remains at least 10%.
• The agreement also provides financing participation and top-up rights to maintain proportional ownership, subject to the same threshold.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Goldgroup Mining Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-116974), on October 20, 2026, and is solely responsible for the information contained therein.