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Goldmining Inc
Symbol GOLD
Shares Issued 148,732,142
Close 2021-03-30 C$ 1.98
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Goldmining appoints Still as CEO, Dawson resigns

2021-03-31 09:38 ET - News Release

Mr. Amir Adnani reports

GOLDMINING ANNOUNCES APPOINTMENT OF ALASTAIR STILL AS CHIEF EXECUTIVE OFFICER

Goldmining Inc. has appointed Alastair Still as chief executive officer of the company effective April 1, 2021. Mr. Still has served as the company's executive vice-president and chief development officer since Oct. 1, 2020. Mr. Still replaces Garnet Dawson who is retiring as chief executive officer, but will remain a director of Goldmining and continue to advise the company in a technical capacity.

Amir Adnani, chairman of Goldmining, commented: "Since joining the company in 2013, Garnet has been instrumental in the successful execution of the first phase of our growth strategy. His technical insight has been invaluable to the numerous acquisitions we successfully completed throughout his tenure. On behalf of the company, I'd like to thank Garnet for all of his contributions. We look forward to continuing to work with him in his capacity as a director."

He continued: "I'm delighted to announce Alastair's appointment as chief executive officer to lead Goldmining's second strategic phase, focused on our dual-pronged approach to daylight value from our resource base and continue to identify accretive acquisition opportunities. Before joining Goldmining, Alastair was director of corporate development with Newmont and Goldcorp, and part of the senior management team that led the $32-billion merger to create the world's largest gold producer. Alastair's track record of having spent 25 years working for major gold miners in leadership roles, including in project and corporate development, brings the necessary expertise and is the right fit for Goldmining as we push forward with unlocking the intrinsic value of our projects."

Mr. Still commented: "I am thrilled to accept this appointment and to lead Goldmining's exciting chapter of value-enhancement. Through the long-term commitment of Amir, Garnet and the Goldmining team, we have positioned ourselves with a unique portfolio of large, quality gold and copper projects throughout the Americas. I especially look forward to leading the effort as we embark on completing a combination of actions as part of our strategic plan to advance our projects, which, as previously announced, will include engineering studies, select drilling campaigns and exploring potential joint ventures and divestitures."

Mr. Still is an experienced mining industry professional with over 25 years of expertise including working for major gold miners such as Agnico Eagle, Kinross Gold, Placer Dome, Goldcorp and Newmont. He has worked within Canada and internationally in a variety of leadership roles including mine operations, project development and corporate development, and strategy. Mr. Still has more than 10 years of corporate development and M&A experience having most recently served as director of corporate development with Newmont Corp. (formerly Goldcorp). Additionally, Mr. Still serves as director of technical services of Gold Royalty Corp., which is 48 per cent owned by Goldmining.

About Goldmining Inc.

Goldmining is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, Goldmining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, United States, Brazil, Colombia and Peru.

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