SELECTED AS ONE OF THE TOP 50 PERFORMING
COMPANIES
FOR 2019 ON THE OTCQX
ANNOUNCES INVESTOR RELATIONS
AGREEMENT
VANCOUVER, Jan. 21, 2020 /CNW/ - GoldMining Inc. (the
"Company" or "GoldMining") (TSX: GOLD; OTCQX: GLDLF) is pleased to
announce it has been named to the 2020 OTCQX® Best 50, a ranking of
top performing companies traded on the OTCQX Best Market last
year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and
international companies traded on the OTCQX Best Market. The
ranking is compiled by OTC Markets Group Inc., operator of the
OTCQX and other financial markets for 10,000 U.S. and global
securities. The ranking is calculated based on an equal
weighting of one-year total return and average daily dollar volume
growth in the previous calendar year. Companies in the 2020
OTCQX Best 50 were ranked based on their performance in 2019.
Amir Adnani, Chairman, stated:
"We are pleased to be recognized in the OTCQX Best 50. This
marks the third time since 2015 that our company has been selected
in this list of top performers. On behalf of management, I thank
our shareholders for their continued support. During the most
recent gold bear market, we made numerous opportunistic
acquisitions that we believe uniquely position us with the most
expansive multi-jurisdictional gold resource portfolio in the
Americas."
The Company further announces that it has entered into a digital
marketing investor relations agreement with Wallace Hill Partners,
Ltd. ("WHP"), an independent company that provides digital
marketing and investor relations services to public
companies. The engagement has a 12-month term. The
Company may terminate the WHP Agreement upon 30 days' notice to
WHP. Pursuant to the agreement, the Company will pay $8,500 per month to WHP in consideration for the
services provided thereunder, including, among other things, online
marketing and publishing services through internal and third-party
advertisers, to further increase the Company's profile.
Additionally, the Company announces that it has granted
incentive stock options to purchase 565,000 common shares of the
Company to certain consultants, including WHP, pursuant to the
Company's existing stock option plan. Such options have an
exercise price of $1.50 per share and
are valid for a period of two years. The options vest incrementally
over a 12-month period.
About OTCQX Best Market
The OTCQX Best Market offers transparent and efficient trading
of established, investor-focused U.S. and global companies. To
qualify for the OTCQX market, companies must meet high financial
standards, follow best practice corporate governance, and
demonstrate compliance with applicable securities laws.
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. Additionally,
GoldMining owns a 75% interest in the Rea Uranium Project, located
in the Western Athabasca Basin of
Alberta, Canada.
Forward-looking Statements
This document contains certain forward-looking statements
that reflect the current views and/or expectations of the Company
with respect to its business and future events, including
expectations respecting the Company's long-term strategy and other
plans. Forward-looking statements are based on the
then-current expectations, beliefs, assumptions, estimates and
forecasts about the business and the markets in which it
operates. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including: the inherent
risks involved in the exploration and development of mineral
properties, the ability of the Company to identify additional
acquisition opportunities on acceptable terms or at and
uncertainties relating to the availability and costs of financing
needed in the future. These risks, as well as others,
including those set forth in the Company's annual information form
for the year ended November 30, 2018
and other filings with Canadian securities regulators, which are
available under the Company's profile at www.sedar.com, 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.
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SOURCE GoldMining Inc.