U.S. GoldMining opened at $9.50 per share, 57c per warrant

GoldMining Inc. (GLDG) and its subsidiary, U.S. GoldMining Inc., priced the initial public offering of 2M units of USGO at an initial public offering price of $10.00 per unit. Each unit comprises of one share of common stock and one warrant to purchase one share of common stock of USGO. Each warrant will entitle the holder thereof to acquire one share of common stock at an exercise price of $13.00 per share for a period of three years after the issuance date. The shares of common stock and warrants of USGO began trading on the Nasdaq Capital Market earlier under the symbols "USGO" and "USGOW", respectively. The shares opened at $9.50 and the warrants opened at 57c each. H.C. Wainwright and BMO Capital Markets are acting as the joint book-running managers for the offering. U.S. GoldMining is an exploration and development company focused on advancing the Whistler gold-copper project, located 170 km northwest of Anchorage, Alaska.