GoldMining Completes Acquisition of Additional Gold Claims Contiguous with its Yellowknife Gold Project

Pursuant to the Agreement, GoldMining paid $50,000 in cash and issued 33,333 common shares of the Company to the vendor (the "Vendor") in consideration for the Property.  An additional $100,000, payable in cash or common shares of the Company, at the Company’s discretion, will be due on the first anniversary of the closing date. 

GoldMining granted the Vendor a 1% net smelter royalty with respect to the N1 and N2 claims upon commercial production.  

About GoldMining Inc.

GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas.  Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia and Peru.  Additionally, GoldMining owns a 75% interest in the Rea Uranium Project, located in the Western Athabasca Basin of Alberta, Canada.

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