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Stocks in play: GoldMining Inc

Baystreet.ca - Baystreet - Fri Oct 28, 2022

Announced it has extended its loan facility with the Bank of Montreal for an additional year to October 27, 2023. The Company has elected to reduce the size of the Facility from US$20 million to US$10 million in order to reduce carrying costs on unused amounts. This reflects a previously disclosed US$3 million repayment made by the Company to provide greater capital flexibility. 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. GoldMining Inc shares T.GOLD are trading unchanged at $1.14.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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