Suche
 
Folgen Sie uns auf:

GoldMining Extends Non-Dilutive Loan Facility with Bank of Montreal and Provides Balance Sheet Update

28.10.2022  |  CNW

Designated News Release

VANCOUVER, Oct. 28, 2022 - GoldMining Inc. ("GoldMining" or the "Company") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that it has extended its existing loan facility (the "Facility") with the Bank of Montreal for an additional year to October 27, 2023.

The Company has elected to reduce the overall size of the Facility from US$20 million to US$10 million in order to reduce the carrying costs on unused amounts. Currently, there is only US$7 million drawn on the Facility, which reflects a previously disclosed US$3 million repayment made by the Company to provide greater capital flexibility.

The Facility bears interest at a rate equal to the 3-month USD Adjusted Term Secured Overnight Financing Rate (SOFR) plus 5.65% per annum. The Facility, including additional advances, is subject to customary conditions and margin terms.

As of October 27, 2022, GoldMining has approximately C$78.4M in cash and marketable securities, including 21,178,659 shares of Gold Royalty Corp. and 5,925,925 shares of NevGold Corp.

About GoldMining Inc.

GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia, and Peru. The Company also owns more than 21 million shares of Gold Royalty Corp.

Forward-looking Statements

This document contains certain forward-looking statements that reflect the current views and/or expectations, including regarding the Facility. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including the ongoing risk of margin calls under the Facility if markets deteriorate, that the Company may not meet conditions for any further borrowings under the Facility. These risks, as well as others, including those set forth in GoldMining?s Annual Information Form for the year ended November 30, 2021, and other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

View original content:https://www.prnewswire.com/news-releases/goldmining-extends-non-dilutive-loan-facility-with-bank-of-montreal-and-provides-balance-sheet-update-301662078.html

SOURCE GoldMining Inc.



Contact
please contact: GoldMining Inc., Amir Adnani, Chairman, Alastair Still, CEO, Telephone: (855) 630-1001, Email: info@goldmining.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
GoldMining Inc.
Bergbau
A2DHZ0
CA38149E1016
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"