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GoldMining Announces Launch of U.S. GoldMining IPO and Application to List on the NYSE American
GoldMining Announces Launch of U.S. GoldMining IPO and Application to List on the NYSE American ...
About this update from Goldmining Inc.
[{"type":"text","content":"\n \n \n \n GoldMining Announces Launch of U.S. GoldMining IPO and Application to List on the NYSE American\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 Designated News Release\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 27, 2023\n \n \n /CNW/ -\n \n GoldMining Inc. (the \"\n \n Company\n \n \" or \"\n \n GoldMining\n \n \")\n \n (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that its subsidiary, U.S. GoldMining Inc. (\"\n \n U.S. GoldMining\n \n \" or \"\n \n USGO\n \n \") has filed a registration statement on Form S-1 in connection with its initial public offering (the \"\n \n IPO\n \n \") of units (the \"\n \n Units\n \n \"). U.S. GoldMining is offering up to 2,000,000 Units under the IPO at a price of\n \n US$10.00\n \n per Unit.\n \n \n Each Unit will be comprised of (i) one common share of USGO (a \"\n \n USGO Share\n \n \") and (ii) one warrant (a \"\n \n USGO Warrant\n \n \") to purchase one USGO Share at a price of\n \n US$13.00\n \n per USGO Share for a period of three years following the IPO. U.S. GoldMining has applied to list the USGO Shares and USGO Warrants on the NYSE American under the symbols \"USGO\" and \"USGOW\", respectively.\n \n \n USGO expects to grant the underwriters a 30-day option to purchase up to 15% of each of the number of USGO Shares and/or USGO Warrants sold under the IPO to cover over-allotments, if any.\n \n \n H.C. Wainwright & Co., LLC and BMO Capital Markets are acting as joint book-running managers and Laurentian Bank Securities Inc. is acting as co-manager of the IPO.\n \n \n The registration statement relating to the proposed IPO has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. A preliminary prospectus has been filed with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of\n \n Canada\n \n , other than\n \n Quebec\n \n , containing important information relating to the Units and remains subject to completion or amendment. The securities ...