GoldMining Inc. (TSX: GOLD.TO; OTCQX: GLDLF) has a multi-million ounce gold resource. The portfolio consists of large, highly prospective gold and copper projects and are located in mining friendly jurisdictions in the Americas. The company continues in making accretive acquisitions to acquire gold resources at a fraction of the cost to drill. GoldMining is financial strong and has sufficient funds to maintain and advance their portfolio. The have long-term institutional shareholders & strategic partners as well as the management. In addition they created the Gold Royalty Corp. (GRC) which is a wholly owned gold-focused royalty subsidiary of GoldMining Inc. GRC holds Net Smelter Return (NSR) royalties ranging from 0.5% to 2% on each of GoldMining's 14 projects with additional rights to buy-back NSRs on 5 of these 14 projects. Eleven of the 14 royalties are associated with advance-stage resource and development projects. GRC will retain exposure to resource expansion and future discoveries through its precious metal focused portfolio covering over 1,290 km2 (139,000 Ha) in mining friendly jurisdictions in five countries in the Americas. Over the long-term, GoldMining will look to add new royalties to GRC and explore potential value-enhancing transactions, including a potential spin-off, initial public offering, sale, merger or other transactions that may increase shareholder value.
GoldMining wants to pursue further acquisitions for their portfolio of advanced gold projects through the current resource downturn The focus is on projects, which are able to be developed in the actual markets plus further projects which can be enlarged with rising gold prices. to grow the company, they have in the last 3 years invested in 5 resource projects: -Cachoeria -Sao Jorge -Surubim -Boa Vista -Whistler Now is the time to develop and enhance them for the future.
- ISIN CA38149E1016
- WKN A2DHZ0
- VALOR 34887555
- Market Cap