VANCOUVER, Feb. 7, 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 OTCQX® Best 50, a ranking of
top performing companies traded on the OTCQX Best Market, placing
in the top 4 of the annual ranking.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and
international companies traded on the OTCQX market. The
ranking is calculated based on an equal weighting of one-year total
return and average daily dollar volume growth in the previous
calendar year.
Chairman of the Board, Amir
Adnani, stated: "We are very pleased to report that
GoldMining Inc. placed among the top 4 companies selected for the
OTCQX Best 50 list. This accolade comes at a time when the
Company is pursuing another phase of growth by aggressively
targeting select gold projects that demonstrate an existing sizable
resource with high potential for expansion. With over
$20 million of cash and major
institutional holders that have been long-term backers of the
Company's business plan, we are in a strong position to
continue the acquisition strategy that has consistently increased
shareholder value over the past 5 years."
For the complete 2017 OTCQX Best 50 ranking, visit
http://web.otcmarkets.com/otcqx-best-50/
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
and 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; the Company's current exploration
programs and objectives can be achieved; the Company will be able
to obtain required exploration licences and other permits; general
business and economic conditions will not change in a material
adverse manner; financing will be available if and when needed on
reasonable terms; the Company will not experience any material
accident; and the Company will be able to identify and acquire
additional mineral interests on reasonable terms or at all; the
Company will be able to carry out its acquisition strategy;.
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 the Company has a limited operating history; 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
obtain all necessary permits and approvals on any of its
properties; that environmental laws and regulations may become more
onerous; 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; operating hazards and risks; 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.