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Off-market insider selling at GoldMining (T:GOLD)

Updated Tuesday Dec 31, 2019 02:57 AM EDT

Amir Adnani, a Director, disposed of 150,000 Common Shares on a direct ownership basis at a price of $1.220 through a private transaction on December 30th, 2019. The insider also disposed of 545,454 Common Shares on an indirect ownership basis for registered holder Amir Adnani Corp. at a price of $1.220 through a private transaction on December 30th, 2019. This represents a $848,454 divestment of the company's shares and an account share holdings change of -12.3%.

GoldMining is in the Gold Sub Industry Group under the Basic Materials Sector.

GoldMining Inc, formerly Brazil Resources Inc, is a Canada-based mineral exploration company. It is focused on the acquisition, exploration and development of projects in Colombia, the United States, Brazil, Canada and other regions of the Americas. Its projects include Sao Jorge Project, Cachoeira Gold Project, Titiribi Gold-Copper Project, Whistler Gold-Copper Project and Rea Uranium Project. Its Sao Jorge and Cachoeira Gold Projects are located in Para State, Brazil. Its Sao Jorge Project covers an area of over 48,000 hectares and Cachoeira Project covers over 5,000 hectares. Its Titiribi Gold-Copper Project covers an area of approximately 40 square kilometers and is located approximately 70 kilometers southwest of Medellin, Colombia. Its Whistler Gold-Copper Project covers an area of over 160 square kilometers and it is located over 150 kilometers northwest of Anchorage, Alaska. Its Rea Uranium Project covers an area of approximately 116,000 hectares in the western Athabasca Basin.

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