VANCOUVER, Feb. 27, 2017 /CNW/ - GoldMining Inc. (formerly
Brazil Resources Inc.) (the "Company" or
"GoldMining") (TSX-V: GOLD; OTCQX: GLDLF) is pleased to
announce it has been named to the 2017 TSX Venture 50, an annual
ranking of top-performing companies on the TSX Venture Exchange
(the "TSX-V") over the last year. The Company was ranked second
overall in the mining sector.
Each year, the TSX Venture 50 ranking showcases listed companies
that have shown notable results in key measures of market
performance. The companies included in the 2017 TSX Venture 50 were
selected based on three equally weighted criteria: market
capitalization growth, share price appreciation and trading
volume.
Amir Adnani, Chairman, stated:
"We are pleased to report that GoldMining Inc. placed in the top
two mining companies selected for the 2017 TSX Venture 50. As
announced earlier this month, the Company was also among the top
four companies included in the 2017 OTCQX® Best 50, a ranking of
top-performing equities traded on the US OTCQX market in 2016.
These recognitions serve to validate the Company's strategic
execution in 2016. We anticipate extending that same strategy into
2017 by targeting and acquiring additional gold projects of merit,
where we see potential for substantial resource growth. With
$20 million in cash and strong
institutional backing, we will strive to earn the same results over
the year ahead."
About GoldMining Inc.
GoldMining is a public company with a focus on the acquisition,
exploration and development of projects in Brazil, Colombia, the United
States and Canada.
The Company is advancing its São Jorge and Cachoeira Gold
Projects in Brazil, Titiribi
Gold-Copper Project in Colombia,
Whistler Gold-Copper Project in Alaska and its Rea Uranium Project in the
western Athabasca Basin in
Canada.
Forward Looking Statements
This news release contains certain forward-looking statements
that reflect the current views and/or expectations of the Company
with respect to its performance, business and future events,
including statements regarding the Company's acquisition strategy
potential acquisitions. Forward-looking statements are based
on the then-current expectations, beliefs, assumptions, estimates
and forecasts about the business and the industry and markets in
which the Company operates, including that: the current price of
and demand for minerals being targeted by the Company will be
sustained or will improve; general business and economic conditions
will not change in a material adverse manner; financing will be
available if and when needed on reasonable terms; and the Company
will be able to identify and acquire additional mineral interests
on reasonable terms or at all. Forward-looking statements are
not guarantees of future performance and involve risks,
uncertainties and assumptions which are difficult to predict.
Investors are cautioned that all forward-looking statements involve
risks and uncertainties, including:; that resource exploration and
development is a speculative business; that the Company may lose or
abandon its property interests or may fail to receive necessary
licenses and permits; that the Company's properties are in the
exploration stage and are without known bodies of commercial ore;;
that the Company may not be able to raise additional funds when
necessary; potential defects in title to the Company's properties;
fluctuations in currency exchange rates; fluctuating prices of
commodities;; competition; potential inability to find suitable
acquisition opportunities and/or complete additional acquisitions
on acceptable terms or at all; and other risks and uncertainties
listed in the Company's public filings. These risks, as well
as others, could cause actual results and events to vary
significantly. Accordingly, readers should not place undue
reliance on forward-looking statements and information, which are
qualified in their entirety by this cautionary statement.
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.
Neither the TSX-V nor its Regulation Services Provider (as
that term is defined in the policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this news
release.
SOURCE GoldMining Inc.