GoldMining Inc. Takes Strategic Step by Disposing Shares of NevGold Corp

On June 9, 2025, GoldMining Inc. announced a significant transaction involving the disposal of 60,000 common shares of NevGold Corp. This decision was executed through a market sale on the TSX Venture Exchange, indicating GoldMining's adaptive investment strategy in the ever-changing market landscape.

Before this transaction, GoldMining held a noteworthy position in NevGold, owning 26,056,150 shares, which accounted for approximately 22.8% of the total outstanding shares of NevGold. Following this sale, GoldMining continues to control and beneficially own 25,996,150 shares, maintaining the same percentage of ownership. This move reflects GoldMining's proactive approach to managing its investment portfolio while remaining strategically aligned with its long-term objectives in gold asset development.

GoldMining disclosed that it will file an early warning report as mandated under National Instrument 62-103 on SEDAR+. This report will provide further insights into the transaction and can be accessed under NevGold's profile at www.sedarplus.ca. For those interested in direct inquiries, Pat Obara, the Chief Financial Officer of GoldMining, is available for contact at their corporate headquarters in Vancouver, BC.

This strategic divestment was made for investment purposes, allowing GoldMining some flexibility in managing its existing or additional securities. Depending on future market conditions, GoldMining may consider further disposals or maintain its current holdings, remaining responsive to shifts in the market landscape.

About GoldMining Inc.

GoldMining Inc. is a public mineral exploration and development company with a keen focus on acquiring and developing gold assets across the Americas. The company has established a disciplined acquisition strategy, culminating in a diversified portfolio of resource-stage gold and gold-copper projects. GoldMining’s operations extend across key regions including Canada, the USA, Brazil, Colombia, and Peru.

In addition to its holdings in NevGold, GoldMining also owns approximately 21.5 million shares of Gold Royalty Corp., 9.9 million shares of U.S. GoldMining Inc., and maintains significant stakes in several other mining operations. This diversified approach highlights the company's dedication to building a robust equity portfolio and capitalizing on favorable market conditions within the mining industry.

For more comprehensive information about their operations and strategic direction, interested parties can visit their official website at www.goldmining.com. In an industry characterized by volatility and rapid changes, GoldMining Inc. showcases a commitment to maintaining a strategic edge through calculated investments and careful management of its assets.

As the mining sector continues to evolve, tracking GoldMining’s maneuvers will be crucial for investors and stakeholders who are keen on understanding market movements and potential investment opportunities.

In Summary: GoldMining Inc.'s recent sale of shares in NevGold Corp signifies a strategic adjustment in its investment approach, reflecting its commitment to maintaining a strong portfolio while adapting to market changes.