1. GoldMining's shareholders elected all six proposed directors during the meeting. 2. A quorum of 34.08% was present at the annual meeting. 3. Shareholders approved the appointment of PricewaterhouseCoopers as auditors. 4. New unallocated stock options and an amended share plan were also approved. 5. GoldMining holds significant shares in Gold Royalty Corp and U.S. GoldMining.
The approval of new directors and stock plans indicates strong governance, which supports investor confidence. Recent trends in corporate governance have shown that effective leadership correlates with positive stock performance.
Governance changes and leadership continuity can reassure investors, which is vital in volatile markets. The impact of such meetings on stock performance can be significant in the short run.
Elections and immediate governance changes can often lead to quick stock price movements. The positive sentiment following the meeting could enhance GLDG's short-term market attractiveness.
/PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE: GLDG) is pleased to announce that at its annual general and special meeting held on May 15, 2025 (the "Meeting"), all nominees listed in its management information circular dated March 28, 2025 were elected as directors of the Company.
A quorum of 34.08% of the votes attached to the outstanding shares of the Company was present in person or by proxy at the Meeting.
| Director | Total Votes For | Total Votes | % of Votes For |
|---|---|---|---|
| Amir Adnani | 34,839,937 | 37,694,614 | 92.43 % |
| David Garofalo | 34,858,376 | 37,694,614 | 92.48 % |
| David Kong | 34,830,097 | 37,694,613 | 92.40 % |
| Gloria Ballesta | 33,925,870 | 37,694,615 | 90.00 % |
| Mario Bernardo Garnero | 34,043,166 | 37,694,613 | 90.31 % |
| Anna Tudela | 33,981,301 | 37,694,613 | 90.15 % |
In addition, at the Meeting, shareholders approved: (i) the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company's auditor for the ensuing year and the authorization of the board to fix the auditor's remuneration; (ii) the unallocated options issuable under the Stock Option Plan; and (iii) the Amended and Restated Restricted Share Plan of the Company.
Detailed voting results for the Meeting are available on SEDAR+ at www.sedarplus.ca.
The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects and strategic investments in Canada, U.S.A., Brazil, Colombia, and Peru. The Company also owns approximately 21.5 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.9 million shares of U.S. GoldMining Inc. (Nasdaq: USGO), and 26.2 million shares of NevGold Corp. (TSXV: NAU). See www.goldmining.com for additional information.
SOURCE GoldMining Inc.