Business
Brazil Resources Announces Name Change to "GoldMining Inc." and New Symbols "GOLD" in Canada and "GLDLF" in the U.S.
Brazil Resources Announces Name Change to "GoldMining Inc." and New Symbols "GOLD" in Cana...
About this update from Goldmining Inc.
[{"type":"text","content":"\n\n\n\nBrazil Resources Announces Name Change to \"GoldMining Inc.\" and New Symbols \"GOLD\" in Canada and \"GLDLF\" in the U.S.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBrazil Resources Announces Name Change to \"GoldMining Inc.\" and New Symbols \"GOLD\" in Canada and \"GLDLF\" in the U.S.\nCanada NewsWire\nVANCOUVER, Dec. 5, 2016\n\n\n\nHighlights:\n\n\nName change to \"GoldMining Inc.\" \nCommon shares to trade under new symbol \"GOLD\" on the TSX-V and \"GLDLF\" on the OTCQX \nWith over $21 million cash on hand and no debt, the Company will aggressively execute its business plan to acquire and advance top-tier gold assets in the current depressed gold market environment\n\n\n\nVANCOUVER, Dec. 5, 2016 /CNW/ - Brazil Resources Inc. (the \"Company\" or \"Brazil Resources\") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that its board of directors has approved a change of its name to \"GoldMining Inc.\", effective December 6, 2016, in order to better reflect its existing business. The Company also announces that it will concurrently complete a continuation (the \"Continuation\") under the Canada Business Corporations Act (the \"CBCA\").\n\nChairman of the Board, Amir Adnani, stated: \"We are pleased to change the name of the Company to GoldMining Inc. to better reflect our diversified project portfolio and strategy to build a leading gold acquisition and development company throughout the Americas. With more than $21 million cash on hand – and now, a name that better reflects our Company's objectives – we plan to continue our exceptional growth with additional low-cost acquisitions of high quality gold projects, to build value throughout this period of a weak gold price environment.\" \n\nThe Company's common shares are expected to commence trading on the TSX Venture Exchange (the \"TSX-V\") under the new symbol \"GOLD\" and on the OTCQX International market (the \"OTCQX\") under the new symbol \"GLDLF\" on December 7, 2016.  The Company expects that on the same date its listed warrants will commence trading on the TSX-V under the ne...