Mr. Amir Adnani reports

GOLDMINING INC. COMPLETES NAME CHANGE AND COMMENCES TRADING UNDER NEW SYMBOLS "GOLD" ON THE TSX-V AND "GLDLF" ON THE OTCQX INTERNATIONAL

Further to its news release dated Dec. 5, 2016, Goldmining Inc. (formerly Brazil Resources Inc.) has continued under the Canada Business Corporations Act (CBCA) and changed its name to Goldmining to better reflect its continuing strategy of building a leading gold acquisition and development company throughout the Americas.

Effective today, Goldmining's common shares will commence trading under the new symbols GOLD on the TSX Venture Exchange and GLDLF on the OTCQX International market. Goldmining's existing listed warrants will commence trading today under the new symbols GOLD.WT on the TSX-V and GOLWF on the OTCQX.

The company also announces that it will launch a new website.

In connection with the continuation, the company adopted new articles and bylaws under the CBCA, copies of which are available under the company's profile at SEDAR. The new bylaws include, among other things, advance-notice provisions. Please refer to the company's news release dated Dec. 5, 2016, for further information.

No action will be required by existing shareholders or holders of warrants with respect to the name change or the continuation. Certificates representing common shares and warrants of Goldmining will not be affected by the name change or the continuation and will not need to be exchanged.

About Goldmining

Goldmining is advancing its Sao Jorge and Cachoeira gold projects in Brazil, Titiribi gold-copper project in Colombia, Whistler gold-copper project in Alaska, and its Rea uranium project in the western Athabasca basin in Canada.