GoldMining Inc. announces US$50 million at-the-market offering

Company

GoldMining Inc.

Law Firm / Organization
Sangra Moller LLP
Law Firm / Organization
Haynes and Boone, LLP

Bank

BMO Nesbitt Burns Inc.

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Company

Canaccord Genuity Corp.

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Bank

Laurentian Bank Securities Inc.

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Bank

BMO Capital Markets Corp.

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Company

Canaccord Genuity LLC

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Company

H.C. Wainwright & Co., LLC

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

Company

Roth Capital Partners, LLC

Law Firm / Organization
DLA Piper (Canada) LLP
Law Firm / Organization
DLA Piper LLP US

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.

Public/Private Offering
Mining
$ 67,910,000
Closed
30 November 2023