GoldMining renews $50 million at-the-market equity program

GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) announced December 8 it has renewed its at-the-market equity program, allowing the company to sell up to $50 million of common shares to the public at prevailing market prices.

The program operates under an equity distribution agreement with a syndicate of agents led by BMO Capital Markets, including National Bank Financial, Canaccord Genuity, H.C. Wainwright & Co., Roth Capital Partners, and Ventum Financial. Sales will occur through at-the-market distributions on the Toronto Stock Exchange, NYSE American, or other trading markets in Canada or the United States.

GoldMining plans to use net proceeds to fund exploration and development of its mineral properties, complete minimum work programs, make property payments, maintain property rights, fund potential acquisitions, and support working capital needs.

The company is not obligated to sell any shares under the agreement. The program will terminate when gross sales reach $50 million or on December 8, 2026, whichever occurs first.

The program becomes effective upon filing a prospectus supplement to the company's short form base shelf prospectus dated December 5, 2025, and U.S. registration statement on Form F-10 filed November 25, 2025. The documents will be available on SEDAR+ and EDGAR.

This renewed program replaces GoldMining's previous at-the-market equity program that began in December 2024 and expires December 24, 2025.

GoldMining is a mineral exploration company focused on gold assets in the Americas, with projects in Canada, the United States, Brazil, Colombia, and Peru. The company also holds shares in Gold Royalty Corp., U.S. GoldMining Inc., and NevGold Corp.

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