Goldmining sells 1.5 million Nevgold shares

Mr. Alastair Still of Goldmining reports GOLDMINING FILES EARLY WARNING REPORT Goldmining Inc. has disposed of 1.5 million common shares of Nevgold Corp. pursuant to block trades over the facilities of the TSX Venture Exchange. Prior to the disposition, the company beneficially owned and exercised control and direction over 24,073,350 Nevgold shares, representing approximately 21.1 per cent of the outstanding Nevgold shares. After the disposition, the company beneficially owned and exercised control and direction over 22,573,350 Nevgold shares, representing approximately 19.8 per cent of the outstanding Nevgold shares. An early warning report will be filed by the company pursuant to National Instrument 62-103 on SEDAR+ under Nevgold's profile. To obtain a copy of the report, please contact Pat Obara, chief financial officer of the company, at the company's head office at 1188 West Georgia St., Suite 1830, Vancouver, B.C., V6E 4A2, or by telephone at 1-855-630-1001. The company disposed of the shares for investment purposes, and, in the future, the company may dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position, depending on market conditions, reformulation of plans and/or other relevant factors. 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 and strategic investments in Canada, the United States, Brazil, Colombia and Peru. The company also owns approximately 21.5 million shares of Gold Royalty Corp., 9.9 million shares of U.S. Goldmining Inc. and 22.6 million shares of Nevgold Corp.