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GoldMining Completes Buy Down of Cachoeira Royalty

GoldMining Inc. is pleased to announce that, further to its news release dated February 22, 2018, the Company has completed its acquisition of 66.66% of the existing 4.0% net production royalty on the Company's Cachoeira Project.  

Vancouver, British Columbia– March 5, 2018 - GoldMining Inc. (the "Company" or "GoldMining") (TSX-V: GOLD; OTCQX: GLDLF - https://www.youtube.com/watch?v=7D80aZDC0yQ&t=3s) is pleased to announce that, further to its news release dated February 22, 2018, the Company has completed its acquisition of 66.66% of the existing 4.0% net production royalty on the Company's Cachoeira Project. Under the transaction, GoldMining paid US$133,320 in cash and issued 698,161 common shares of the Company to the vendors. As a result of the transaction, the existing royalty on the Cachoeira Project has been reduced to 1.33%.

About GoldMining Inc.

GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold projects in the Americas. GoldMining is advancing its Titiribi and La Mina Gold-Copper Projects located in the Department of Antioquia, Colombia, its São Jorge and Cachoeira Gold Projects located in the State of Pará, northeastern Brazil, its Whistler Gold-Copper Project located in the State of Alaska, United States of America, and its Rea Uranium Project in the western Athabasca Basin in northeast Alberta, Canada.

For additional information, please contact:

GoldMining Inc.
Amir Adnani, Chairman
Garnet Dawson, CEO
Telephone: (855) 630-1001
Email: info@goldmining.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

Neither the TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Providers (as that term is defined in the policies of the TSX Venture Exchange and the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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PDAC 2019

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at info@resource-capital.ch. We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

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