Corporate Update

About this update from Goldmining Inc.

[{"type":"text","content":"\n \n \n \n Corporate Update\n \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 \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER\n \n , BC\n \n ,\n \n \n Nov. 24, 2023\n \n \n /CNW/ -\n \n GoldMining Inc.\n \n (TSX: GOLD) (NYSE American: GLDG) (\"\n \n GoldMining\n \n \" or the \"\n \n Company\n \n \") announces it has entered into an equity distribution agreement dated\n \n November 24, 2023\n \n (the \"\n \n Distribution Agreement\n \n \") with a syndicate of agents, including BMO Nesbitt Burns Inc. (the \"\n \n Lead Agent\n \n \"),  BMO Capital Markets Corp., Canaccord Genuity Corp., Canaccord Genuity LLC, H.C. Wainwright & Co., LLC, Laurentian Bank Securities Inc. and Roth Capital Partners, LLC (together with the Lead Agent, the \"\n \n Agents\n \n \"), for a renewed at-the-market equity program (the \"\n \n ATM Program\n \n \"). The ATM Program is intended to replace the Company's at-the-market equity program that commenced in\n \n December 2022\n \n and expires on\n \n November 27, 2023\n \n .\n \n \n The ATM Program is subject to customary closing conditions, including the filing of prospectus supplements to the Company's: (i) short form base shelf prospectus dated\n \n November 24, 2023\n \n that was filed in\n \n Canada\n \n ; and (ii) Registration Statement on Form F-10, originally filed with the United States Securities and Exchange Commission on\n \n October 30, 2023\n \n , once it becomes effective.\n \n \n The ATM Program will allow the Company to distribute, over the term of the program, up to\n \n US$50 million\n \n (or the equivalent in Canadian dollars) of common shares of the Company (the \"\n \n Offered Shares\n \n \") to the public from time to time, through the Agents, at the Company's discretion. The Company is not obligated to make any sales of Offered Shares under the Distribution Agreement.\n \n \n Unless terminated by the Company or the Agents as permitted therein, the Distribution Agreement will terminate upon the earlier of: (a) the date that the aggregate gross sales proceeds of the Offered Shares sold under the ATM Program re...

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