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Goldmining Inc
Symbol GOLD
Shares Issued 150,457,361
Close 2022-04-12 C$ 2.10
Recent Sedar Documents

Goldmining increases Gold Royalty stake to 15.1%

2022-04-12 20:15 ET - News Release

Mr. Pat Obara reports

GOLDMINING FILES EARLY WARNING REPORT

Goldmining Inc. is issuing this press release under Section 3.1 of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Requirements (NI 62-103), and pursuant to Multilateral Instrument 62-104 -- Take-Over Bids and Issuer Bids with respect to the acquisition by the company of common shares of Gold Royalty Corp. (GROY).

On April 12, 2022, the company acquired 250,000 GROY shares at an average price of $4.23 (U.S.) ($5.33) per share through open market purchases over the facilities of the NYSE American.

Prior to the acquisition, the company beneficially owned and exercised control and direction of 20 million GROY shares, representing approximately 14.9 per cent of the outstanding GROY shares. Immediately following the acquisition, the company beneficially owned and exercised control and direction of 20.25 million GROY shares, representing 15.1 per cent of the outstanding GROY shares.

The GROY shares were acquired by the company for investment purposes, and, in the future, the company may acquire additional securities of GROY, dispose of some or all of the existing or additional securities the company holds or will hold, or may continue to hold its current position, depending on market conditions, reformulation of plans and/or other relevant factors.

An early warning report will be filed by the company pursuant to National Instrument 62-103 on SEDAR under the profile of GROY. The company's head office is located at 1030 West Georgia St., Suite 1830, Vancouver, B.C., V6E 2Y3. To obtain a copy of the report, please contact the company as follows: Goldmining Inc., attention: chief financial officer, 1030 West Georgia St., Suite 1830, Vancouver, B.C., V6E 2Y3, telephone: 855-630-1001.

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 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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