GoldMining raises $500k through private placement for Yellowknife Gold Project exploration restart

From Nasdaq: 2025-06-09 20:34:00

GoldMining Inc. (GLDG) successfully closed a private placement, raising $500,000 through the sale of 373,135 flow-through common shares at $1.34 per share. The funds will be used for exploration at the Yellowknife Gold Project in Canada’s Northwest Territories, with CEO Alastair Still highlighting the project’s high-grade, open-pit mineral resources. The project holds an estimated 1.06 million ounces of gold in measured and indicated resources, with additional inferred resources. The offering is pending final acceptance by the Toronto Stock Exchange, and all securities are subject to a four-month hold period. GLDG’s stock closed at $0.7765 on Monday, up 0.84%.



Read more at Nasdaq: GoldMining Raises $500K Via Flow-Through Shares For Yellowknife Exploration Restart