04:36 PM EDT, 06/09/2025 (MT Newswires) -- GoldMining ( GLDG ) after close of trade Monday said it had disposed of 60,000 common shares of NevGold Corp. ( NAUFF ) .

Prior to the disposition, the company had control and direction over near 26.06 million NevGold ( NAUFF ) shares, representing approximately 22.8% of the outstanding NevGold ( NAUFF ) shares. After the disposition, the company beneficially owns and has control and direction over, 25,996,150 NevGold ( NAUFF ) shares, representing near 22.8% of the outstanding NevGold ( NAUFF ) shares.

GoldMining ( GLDG ) earlier Monday announced that it has closed its non-brokered private placement of 373,135 common shares at a price of $1.34 per FT share for gross proceeds of $500,000. It has commenced first exploration at its 100% owned Yellowknife Gold Project.

NevGold ( NAUFF ) closed trading at $0.345 a share, down 8%. GoldMining ( GLDG ) was unchanged at $1.07.