Parties
Company
GoldMining Inc.
Bank
BMO Nesbitt Burns Inc.
Company
Canaccord Genuity Corp.
Bank
Laurentian Bank Securities Inc.
Bank
BMO Capital Markets Corp.
Company
Canaccord Genuity LLC
Company
H.C. Wainwright & Co., LLC
Company
Roth Capital Partners, LLC
On November 29, 2023, GoldMining Inc. announced and closed an at-the-market offering to raise up to US$50 million (C$67.91 million) through common share sales on the TSX and NYSE American. The offering was facilitated by Canadian agents BMO Nesbitt Burns Inc., Canaccord Genuity Corp., and Laurentian Bank Securities Inc., alongside U.S. agents BMO Capital Markets Corp., Canaccord Genuity LLC, H.C. Wainwright & Co., LLC, and Roth Capital Partners, LLC.
Legal counsel for GoldMining Inc. was provided by Sangra Moller LLP in Canada and Haynes and Boone, LLP in the U.S. The agents were advised by DLA Piper (Canada) LLP and DLA Piper LLP (US). Proceeds were intended to fund exploration, maintain property rights, and support working capital. Agent commissions were set at up to 2.5% of gross sales, with offering-related expenses estimated at C$350,000. The TSX and NYSE American conditionally approved the listing of the shares.
Deal Type
Public/Private OfferingIndustry
MiningTransaction
$ 67,910,000Deal Status
ClosedClosing Date
30 November 2023