GoldMining Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering by Gold Royalty

GoldMining Announces Confidential Submission of Draft Registration

Statement for Proposed Initial Public Offering by Gold Royalty

VANCOUVER, BC

,

Dec. 8, 2020

/CNW/ - GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) announces that its subsidiary, Gold Royalty Corp. ("Gold Royalty"), has

confidentially submitted a draft registration statement on Form F-1 with the Securities and Exchange Commission (the "SEC") relating to a proposed initial public

offering of Gold Royalty's securities in

the United States

. The initial public offering is expected to take place after the SEC completes its review process, subject

to market and other conditions. The number of securities to be sold and the pricing thereof has not been determined.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of

securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act") and applicable Canadian

securities laws. This announcement is being issued pursuant to and in accordance with Rule 135 under the Securities Act.

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SOURCE

GoldMining Inc.

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http://www.newswire.ca/en/releases/archive/December2020/08/c8984.html

%SEDAR: 00031036E

For further information:

GoldMining Inc., Amir Adnani, Chairman, Garnet Dawson, CEO, Telephone: (855) 630-1001, Email: [email protected]

CO: GoldMining Inc.

CNW 07:00e 08-DEC-20