#Canada #Vancouver #TSX Venture #GoldMining #NevGold

GoldMining Inc. Reports on Significant Share Disposition

On March 6, 2025, GoldMining Inc., a public mineral exploration company based in Vancouver, BC, disclosed the early warning report regarding its recent share activity involving NevGold Corp. The company has sold off 7,000 common shares (referred to as "Shares") of NevGold as part of a market transaction executed through the TSX Venture Exchange.

Initially, GoldMining possessed a significant ownership position with 26,670,250 Shares in NevGold, equating to roughly 28.3% of its total outstanding shares. After the sale of the 7,000 Shares, GoldMining still holds a substantial number of shares, totaling 26,663,250, thereby retaining approximately the same level of ownership percentage.

This transaction has prompted GoldMining to prepare and file an early warning report in compliance with National Instrument 62-103, which provides transparency in the trading and holding of shares in public companies. Investors and interested parties can access this report via SEDAR+ under the profile of NevGold at www.sedarplus.ca. Additionally, a copy of the report can be requested directly from the company's Chief Financial Officer, Pat Obara.

GoldMining has clarified that the recent sale of shares was executed for investment purposes. As a publicly traded entity, the firm retains the discretion to reassess and manage its holdings in NevGold based on various factors, including market conditions and future investment strategies. This flexibility enables GoldMining to adapt to evolving market dynamics and maximize its investment portfolio.

About GoldMining Inc.

Founded with a mission to strategically acquire and develop gold assets across the Americas, GoldMining Inc. has pursued a disciplined acquisition approach over the years. Its diverse portfolio currently comprises various resource-stage projects in Canada, the U.S., Brazil, Colombia, and Peru.

Beyond its investments in NevGold, GoldMining owns approximately 21.5 million shares in Gold Royalty Corp. (traded on the NYSE American under the symbol GROY) and 9.9 million shares in U.S. GoldMining Inc. (listed on Nasdaq as USGO). Through these investments, GoldMining aims to solidify its position in the mining sector and benefit from strategic resource developments.

For more details about GoldMining Inc. and its operations, visit their website at www.goldmining.com. This proactive approach to managing its investments showcases GoldMining Inc.'s commitment to establishing a strong footprint in the gold mining industry while ensuring investor interests are a primary focus.

In conclusion, GoldMining Inc. continues to demonstrate a strong commitment to its investment strategy as evidenced by its recent share transaction in NevGold. Stakeholders and investors will remain keenly attuned to the company's maneuvers as it navigates the complexities of the mining investment landscape.