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GoldMining Inc

12:28 PM EST - GoldMining Inc : Announced it has extended its loan facility with the Bank of Montreal for an additional year to October 27, 2023. The Company has elected to reduce the size of the Facility from US$20 million to US$10 million in order to reduce carrying costs on unused amounts. This reflects a previously disclosed US$3 million repayment made by the Company to provide greater capital flexibility. As of October 27, 2022, GoldMining has approximately C$78.4M in cash and marketable securities, including 21,178,659 shares of Gold Royalty Corp. and 5,925,925 shares of NevGold Corp. GoldMining Inc shares T.GOLD are trading unchanged at $1.14.