Investing.com | Author Vlad Schepkov
Published Apr 20, 2023 05:38
GoldMining Inc. (NYSE AMERICAN: GLDG) and its subsidiary, U.S. GoldMining Inc. today announced the pricing of the initial public offering of 2,000,000 units of USGO (the "Units") at an initial public offering price of
The shares of common stock and warrants of USGO are expected to begin trading on the Nasdaq Capital Market on
H.C. Wainwright & Co. and BMO Capital Markets are acting as the joint book-running managers for the offering. Laurentian Bank Securities Inc. and Sprott Capital Partners LP are acting as co-managers for the offering.
The gross proceeds to USGO from the offering are expected to be
Following completion of the offering, GoldMining will hold 9,622,491 shares of common stock of USGO, or approximately 79% of its outstanding shares of common stock.
Registration statements have been filed with the U.S. Securities and Exchange Commission (the "SEC"), and became effective on
USGO also obtained a receipt for its final prospectus filed with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of
H.C. Wainwright & Co., LLC is not registered as an investment dealer in any Canadian jurisdictions and, accordingly, will not, directly or indirectly, solicit offers to purchase or sell Units in
This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of USGO, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Written By: Investing.com
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