VANCOUVER, July 21, 2017 /CNW/ - GoldMining Inc. (the "Company" or "GOLD") (TSX-V: GOLD; OTCQX: GLDLF) announced today the grant of incentive stock options to purchase 3,425,000 common shares of the Company (the "Options") to certain directors, officers, employees and consultants of the Company pursuant to the Company's stock option plan, which included 1,800,000 Options issued to directors and officers of the Company. The Options have an exercise price of $1.69 per share, representing the market price for the common shares on July 21, 2017, and are valid for a period of five years.
The Options will vest as follows: 25% immediately, 25% on the 6 month anniversary of the grant date, 25% on the 12 month anniversary of the grant date and 25% on the 18 month anniversary of the grant date. The Option grants are subject to the acceptance of the TSX Venture Exchange.
About GoldMining Inc.
GoldMining is a public mineral exploration company focused on the acquisition and development of gold projects in Colombia and other regions of the Americas. GoldMining is advancing its Titiribi and La Mina Gold-Copper Projects located in the Department of Antioquia, Colombia, its Cachoeira and São Jorge 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE GoldMining Inc.
For further information: please contact: GoldMining Inc., Amir Adnani, Chairman; Garnet Dawson, CEO; Telephone: (855) 630-1001, Email: [email protected]