GoldMining Inc. (GLDG)

GoldMining Inc. is a mineral exploration company focused on acquiring and developing primarily gold assets in the Americas. Through what it describes as a disciplined acquisition strategy, it controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia and Peru. The company has no current operating income or cash flow from its properties and no history of income from operations. Its operations are funded primarily by equity financings. It was incorporated in British Columbia in 2009 as Cor Resources Inc., renamed Brazil Resources Inc. in 2010, and continued under the Canada Business Corporations Act as GoldMining Inc. in 2016.

Its principal projects are the La Mina Gold-Copper Project and the Titiribi Gold-Copper Project, both in Antioquia, Colombia and wholly owned; the São Jorge Gold Project in Pará State, Brazil, also wholly owned; and the Whistler Gold-Copper Project in Alaska. Whistler is held indirectly through its approximately 74.2% stake in U.S. GoldMining Inc., a publicly traded subsidiary. Other projects include Yellowknife (Northwest Territories, Canada), Cachoeira, Surubim and Boa Vista (Pará, Brazil; Boa Vista 84.05% owned), Batistão (Mato Grosso, Brazil), Montes Áureos and Trinta (Maranhão, Brazil; 51%), Crucero (southeastern Peru), Yarumalito (Antioquia, Colombia) and the Rea Uranium Project (Alberta, Canada; 75%). The company notes it has no known Mineral Reserves, and its disclosure of mineral resources follows Canadian NI 43-101 standards.

GoldMining does not produce or sell product; its focus is gold and gold-copper exploration and development across Canada, the United States, Brazil, Colombia and Peru. It reports in Canadian dollars. The business is exposed to gold and copper price fluctuations, to permitting and social license requirements, and to the risks of operating in foreign jurisdictions. These include referendums on mining restrictions, the presence of artisanal miners, and political and civil unrest.

The company's head office is at 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia. Its shares trade on the Toronto Stock Exchange under "GOLD", on the NYSE American under "GLDG" and on the Frankfurt Stock Exchange under "BSR". As a foreign private issuer, it files annual reports on Form 40-F with the SEC under the Multijurisdictional Disclosure System. It faces competition within the mineral exploration and mining industry and may fund its activities through an at-the-market equity program, the 2025 ATM Program.