GoldMining Inc.'s Strategic Move with NevGold Corp.
In an announcement made on August 25, 2025, GoldMining Inc. shared significant updates concerning its shareholding in NevGold Corp. The company has officially disposed of 1,500,000 common shares via block trades on the TSX Venture Exchange. Prior to this transaction, GoldMining benefitted from controlling 24,073,350 shares of NevGold, equivalent to approximately 21.1% of the total outstanding shares. Following the divestment, their ownership has decreased to 22,573,350 shares, reflecting a 19.8% stake in NevGold.
This event triggers the necessity for an early warning report, which GoldMining is required to file under National Instrument 62-103. The report will be made available on SEDAR+ at www.sedarplus.ca, specifically within NevGold's profile. For those interested in further details, Pat Obara, the Chief Financial Officer, is reachable for inquiries at the company's Vancouver office.
GoldMining's decision to offload these shares is anchored in investment considerations. The firm has indicated a possibility of further divestitures of existing or additional securities based on market dynamics and other influencing elements. The company's strategy reflects a nuanced approach to asset management, aiming to optimize their investment returns.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration firm with a focus on acquiring and cultivating gold assets across the Americas. Adopting a meticulous acquisition strategy, it has successfully established a well-diversified portfolio encompassing several resource-stage gold and gold-copper projects along with strategic investments in key regions: Canada, the United States, Brazil, Colombia, and Peru. Notably, GoldMining also maintains stakes in various companies, holding around 21.5 million shares in Gold Royalty Corp. (listed on NYSE American as GROY), 9.9 million shares in U.S. GoldMining Inc. (Nasdaq: USGO), in addition to their holdings in NevGold.
The company's active engagement in the mining sector demonstrates a commitment not only to resource development but also to strategic financial management, adapting dynamically to the market.
For further information about GoldMining Inc., potential investors and interested parties are encouraged to explore their website at
goldmining.com.
In summary, GoldMining Inc.'s recent share disposition of NevGold Corp. marks a pivotal moment in their ongoing investment strategy, likely influenced by current market assessments and future prospects in the mining industry. As they continue to navigate the complexities of the financial landscape, upcoming reports and announcements will undoubtedly provide additional insight into their operational choices and strategic directions.