Goldmining sells 1.5 million Nevgold shares

Executive Summary

• Goldmining Inc. disposed of 1.5 million Nevgold Corp. common shares via block trades on the TSX‑V, reducing its ownership from ~21.1% to ~19.8%.
• The disposition triggers an early‑warning filing under NI 62‑103; the report will be available on SEDAR+.
• Goldmining states the sale was for investment purposes and may dispose of additional holdings in the future, subject to market conditions and strategic considerations.

Key Details

• Shares disposed: 1,500,000 Nevgold Corp. common shares (block trades).
• Pre‑disposition holding: 24,073,350 Nevgold shares (~21.1% of outstanding).
• Post‑disposition holding: 22,573,350 Nevgand shares (~19.8% of outstanding).
• Purpose of disposal: Investment purposes; future disposition or retention will depend on market conditions, plan reformulation, and other factors.
• Regulatory filing: An early‑warning report will be filed under National Instrument 62‑103 on SEDAR+ (Nevgold profile).
• Contact for report: Pat Obara, CFO, Goldmining Inc., 1188 West Georgia St., Suite 1830, Vancouver, B.C., V6E 4A2; Tel: 1‑855‑630‑1001.

Notable Quotes

(No direct quotes were provided in the release.)