Mr. Amir Adnani reports

GOLDMINING ANNOUNCES VOTING RESULTS AND WELCOMES ANNA TUDELA TO THE BOARD OF DIRECTORS

Goldmining Inc. has released the voting results from the company's annual general and special meeting held on May 24, 2023, and has welcomed Anna Tudela to the company's board of directors.

A total of 38,060,586 common shares of the company were present in person or by proxy at the meeting, representing a quorum of 22.62 per cent of the company's outstanding common shares as at the record date of March 30, 2023. Shareholders voted in favour of all matters brought before them at the meeting, which matters are discussed in detail in the company's management information circular dated March 31, 2023, that is available on SEDAR.

Each of the eight nominees proposed by management was elected as a director. The results of such vote are set out herein.

Director                Total votes for   Total votes   % of votes for 

Amir Adnani                  22,970,344    25,111,154            91.47%     
David Garofalo               23,049,769    25,111,154            91.79%     
Garnet Dawson                24,635,536    25,111,154            98.11%     
David Kong                   24,543,462    25,111,154            97.74%     
Gloria Ballesta              24,080,848    25,111,154            95.90%     
Hon. Herb Dhaliwal           24,376,853    25,111,154            97.08%     
Mario Bernardo Garnero       24,559,059    25,111,154            97.80%     
Anna Tudela                  24,447,891    25,111,154            97.36%     

In addition, at the meeting, shareholders: (i) approved the appointment of PricewaterhouseCoopers LLP, chartered professional accountants, as the company's auditor for the ensuing year and the authorization of the board to fix the auditor's remuneration; and (ii) ratified the previous grant of options issuable under the stock option plan. Detailed voting results for the meeting are available on SEDAR.

New director appointment

The company is pleased to announce the election of Ms. Tudela as new member of the board.

Ms. Tudela has over 35 years of experience working in securities, corporate finance and corporate governance with public companies in Canada, the United States and South America. Ms. Tudela served as vice-president of diversity and regulatory affairs and corporate secretary of Goldcorp Inc., a gold mining company from 2005 to 2019. Here, she founded Creating Choices, a training, development and mentoring program for women in the mining industry to promote diversity, equity and inclusion. Ms. Tudela has served as a director of Sabina Gold & Silver Corp., an emerging gold mining company listed on the Toronto Stock Exchange, since January, 2021, until its acquisition by B2Gold Corp. in April, 2023, as a director of Regulus Resources Inc., a mineral exploration company listed on the TSX Venture Exchange, since October, 2020, and as a director of Gunpoint Exploration Ltd., a mineral exploration company listed on the TSX Venture Exchange, since October, 2021. Ms. Tudela is a director of the Canadian Center for Diversity and Inclusion and is an accredited director with the Chartered Governance Institute of Canada.

About Goldmining Inc.

The company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the company controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia and Peru. Goldmining also owns more than 21 million shares of Gold Royalty Corp. (NYSE American: GROY) and approximately 9.8 million shares of U.S. Goldmining Inc. (Nasdaq: USGO).