Post by
kk-ppmc111 on Jun 01, 2023 11:47am
IPO of US GoldMining (USGO, Nasdaq Capital Market)
VANCOUVER, BC, April 24, 2023 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining") and GoldMining Inc. (TSX: GOLD) (NYSE AMERICAN: GLDG) ("GoldMining") are pleased to announce the closing of U.S. GoldMining's initial public offering (the "IPO") today of 2,000,000 units of U.S. GoldMining (the "Units") at an initial public offering price of US$10.00 per Unit.
GoldMining beneficially owns and exercises control and direction of 9,720,027 Shares, representing approximately 80.1% of the outstanding Shares.
The shares currently trade at $15/share, an increase of 50% from the IPO price which attributes approximately 40c or value per share of GOLD, tsx.