An anonymous director reports

GOLDGROUP CLOSES SECOND AND FINAL TRANCHE OF UNIT FINANCING

Goldgroup Mining Inc. has closed the second and final tranche of its previously announced non-brokered private placement financing. Pursuant to the second tranche, Goldgroup issued 1,922,112 units at a price of 20 cents per unit and as a result received gross proceeds of $384,422.

Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share of the company at a price of 25 cents for a period of 24 months.

Net proceeds of the second tranche will be used for general working capital purposes. Finders' fees are payable to certain finders in the amount of $12,725 in respect of the second tranche. Total finders' fees for both tranches of the private placement amounted to $93,643.

All securities issued in the second tranche will be subject to a statutory hold period expiring Dec. 23, 2014.

We seek Safe Harbor.