GoldMining Inc 6-K, filed Apr 10, 2026

GoldMining Inc. (GLDG)

6-K 2026-04-10 For: 2026-04-30

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Added on April 12, 2026

About this 6-K

GoldMining Inc filed this 6-K on April 10, 2026.

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Exhibit Number	Description

99.1	Condensed consolidated interim financial statements for the three months ended February 28, 2026 and 2025 (unaudited).
99.2	Management’s discussion and analysis for the three months ended February 28, 2026.
99.3	Certification of interim filings – CEO, dated April 10, 2026.
99.4	Certification of interim filings – CFO, dated April 10, 2026.

By:	/s/ Pat Obara
	Pat Obara
	Chief Financial Officer


Date:	April 10, 2026

			As at February 28,			As at November 30,
	Notes		2026			2025
			($)			($)
Assets
Current assets
Cash and cash equivalents		3		26,106			24,937
Restricted cash				-			60
Restricted deposits		4		1,309			-
Income taxes receivable				339			158
Prepaid expenses and deposits				766			555
Short-term investments		5		26,480			1,383
Other assets				495			491
				55,495			27,584
Non-current assets
Reclamation deposits				494			494
Exploration and evaluation assets		6		57,265			57,998
Land, property and equipment		7		3,086			2,953
Investment in joint venture				637			629
Long-term investments		8		137,241			148,303
				254,218			237,961

Liabilities
Current liabilities
Accounts payable and accrued liabilities				2,227			2,171
Due to joint venture				29			29
Due to related parties		12		24			268
Lease liabilities				102			100
Income taxes payable				89			89
Withholding taxes payable				247			253
				2,718			2,910
Non-current liabilities
Lease liabilities				173			199
Rehabilitation provisions				1,326			1,327
Deferred tax liability				5,852			3,926
				10,069			8,362

Equity
Issued capital		9		223,792			214,387
Reserves		9		15,278			14,786
Share issuance obligation				142			498
Accumulated deficit				(13,272	)		(7,703	)
Accumulated other comprehensive income				15,695			4,825
Total equity attributable to shareholders of the Company				241,635			226,793
Non-controlling interests		10		2,514			2,806
				244,149			229,599
				254,218			237,961

			For the three months ended
			February 28,
	Notes		2026			2025
			($)			($)
Operating expenses
Consulting fees				108			68
Depreciation		7		89			88
Directors' fees, employee salaries and benefits		12		813			595
Exploration expenses		6		1,578			531
General and administrative				2,187			2,018
Professional fees				647			951
Share-based compensation		9, 10		1,863			1,097
Share of loss in associate				-			232
Share of loss on investment in joint venture				-			5
				7,285			5,585
Operating loss				(7,285	)		(5,585	)

Other items
Interest income				223			86
Other expenses				(17	)		(15	)
Net foreign exchange gain (loss)				(420	)		44
Net loss for the period before taxes				(7,499	)		(5,470	)
Current income tax recovery				-			117
Deferred income tax recovery				253			462
Net loss for the period				(7,246	)		(4,891	)

Attributable to:
Shareholders of the Company				(6,641	)		(4,546	)
Non-controlling interests				(605	)		(345	)
Net loss for the period				(7,246	)		(4,891	)


Other comprehensive income (loss)
Items not subsequently reclassified to net income or loss:
Unrealized gain on short-term investments		5		302			8
Unrealized gain on long-term investments		8		13,733			3,444
Deferred tax expense on investments				(2,222	)		(465	)
Items that may be reclassified subsequently to net income or loss:
Foreign currency translation adjustments				(1,007	)		2,125
Total comprehensive income for the period				3,560			221

Attributable to:
Shareholders of the Company				4,229			522
Non-controlling interests		10		(669	)		(301	)
Total comprehensive income for the period				3,560			221

Net loss per share, basic and diluted				(0.03	)		(0.02	)

Weighted average number of shares outstanding, basic and diluted				211,811,720			195,162,830

																Accumulated			Attributable
										Share						Other			to Shareholders			Non-
		Number of		Issued						Issuance						Comprehensive			of the			Controlling
	Notes	Shares		Capital			Reserves			Obligation			Deficit			Income (Loss)			Company			Interests			Total
				($)			($)			($)			($)			($)			($)			($)			($)
Balance at November 30, 2024			194,740,857		190,785			14,050			91			(4,436	)		(86,731	)		113,759			1,402			115,161
Restricted share rights vested	9		75,899		93			(205	)		112			-			-			-			-			-
US GoldMining
Options exercised			-		-			-			-			(2	)		-			(2	)		2			-
At-the-Market offering:
Common shares issued for cash			-		-			-			-			142			-			142			39			181
Agents' fees and issuance costs			-		-			-			-			(4	)		-			(4	)		(1	)		(5	)
At-the-Market offering:
Common shares issued for cash	9		1,118,400		1,286			-			-			-			-			1,286			-			1,286
Agents' fees and issuance costs			-		(32	)		-			-			-			-			(32	)		-			(32	)
Share-based compensation	9		-		-			739			-			291			-			1,030			67			1,097
Other comprehensive income			-		-			-			-			-			5,068			5,068			44			5,112
Net loss for the period			-		-			-			-			(4,546	)		-			(4,546	)		(345	)		(4,891	)
Balance at February 28, 2025			195,935,156		192,132			14,584			203			(8,555	)		(81,663	)		116,701			1,208			117,909
Options exercised	9		656,751		956			(512	)		-			-			-			444			-			444
Restricted share rights vested	9		368,545		462			(757	)		295			-			-			-			-			-
US GoldMining
Options exercised			-		-			-			-			(1	)		-			(1	)		1			-
Restricted share rights vested			-		-			-			-			(3	)		-			(3	)		3			-
At-the-Market offering:
Common shares issued for cash			-		-			-			-			9,793			-			9,793			3,147			12,940
Agents' fees and issuance costs			-		-			-			-			(266	)		-			(266	)		(80	)		(346	)
At-the-Market offering:
Common shares issued for cash	9		11,915,093		20,033			-			-			-			-			20,033			-			20,033
Agents' fees and issuance costs			-		(501	)		-			-			-			-			(501	)		-			(501	)
Common shares issued in flow-through share financing			373,135		399			-			-			-			-			399			-			399
Share-based compensation	9		-		-			1,471			-			314			-			1,785			84			1,869
Deferred tax benefits of share issuance costs			-		906			-			-			-			-			906			-			906
Transfer of OCI to accumulated- deficit upon disposal of investment			-		-			-			-			(53	)		53			-			-			-
Other comprehensive income (loss)			-		-			-			-			-			86,435			86,435			(48	)		86,387
Net loss for the period			-		-			-			-			(8,932	)		-			(8,932	)		(1,509	)		(10,441	)
Balance at November 30, 2025			209,248,680		214,387			14,786			498			(7,703	)		4,825			226,793			2,806			229,599
Options exercised	9		25,962		24			(24	)		-			-			-			-			-			-
Restricted share rights vested	9		195,329		232			(325	)		(356	)		-			-			(449	)		-			(449	)
US GoldMining
Warrants exercised			-		-			-			-			3			-			3			1			4
Restricted share rights vested			-		-			-			-			(3	)		-			(3	)		3			-
At-the-Market offering:
Common shares issued for cash	10		-		-			-			-			309			-			309			127			436
Agents' fees and issuance costs	10		-		-			-			-			(10	)		-			(10	)		(3	)		(13	)
At-the-Market offering:
Common shares issued for cash	9		4,287,500		9,319			-			-			-			-			9,319			-			9,319
Agents' fees and issuance costs	9		-		(233	)		-			-			-			-			(233	)		-			(233	)
Share-based compensation	9, 10		-		-			841			-			773			-			1,614			249			1,863
Deferred tax benefits of share issuance costs			-		63			-			-			-			-			63			-			63
Other comprehensive income (loss)			-		-			-			-			-			10,870			10,870			(64	)		10,806
Net loss for the period			-		-			-			-			(6,641	)		-			(6,641	)		(605	)		(7,246	)
Balance at February 28, 2026			213,757,471		223,792			15,278			142			(13,272	)		15,695			241,635			2,514			244,149

	February 28,		November 30,
	2026		2025
	($)		($)
Cash and cash equivalents consist of:
Cash at bank and on hand		2,495		4,396
Term deposits		23,611		20,541
Total		26,106		24,937

										Right-of-
										Use Assets
				Buildings and			Office			(Office and)			Exploration
	Land			Camp Structures			Equipment			warehouse space)			Equipment			Vehicles			Total
	($)			($)			($)			($)			($)			($)			($)
Cost
Balance at November 30, 2024		1,107			2,433			217			451			398			623			5,229
Disposition		-			-			(1	)		-			-			-			(1	)
Impact of foreign currency translation		(3	)		(6	)		6			4			2			-			3
Balance at November 30, 2025		1,104			2,427			222			455			400			623			5,231
Additions		-			-			-			-			190			98			288
Impact of foreign currency translation		(26	)		(57	)		-			(4	)		(10	)		(15	)		(112	)
Balance at February 28, 2026		1,078			2,370			222			451			580			706			5,407

Accumulated Depreciation
Balance at November 30, 2024		-			947			206			83			271			422			1,929
Depreciation		-			160			5			91			30			60			346
Disposition		-			-			(1	)		-			-			-			(1	)
Impact of foreign currency translation		-			(5	)		6			1			2			-			4
Balance at November 30, 2025		-			1,102			216			175			303			482			2,278
Depreciation		-			38			1			23			7			20			89
Impact of foreign currency translation		-			(26	)		(1	)		(2	)		(6	)		(11	)		(46	)
Balance at February 28, 2026		-			1,114			216			196			304			491			2,321


Net Book Value
At November 30, 2025		1,104			1,325			6			280			97			141			2,953
At February 28, 2026		1,078			1,256			6			255			276			215			3,086

	Restricted Share Rights ($)			Share Options ($)			Warrants ($)		Total ($)
Balance at November 30, 2024		18			10,491			3,541		14,050
Restricted share rights vested		(205	)		-			-		(205	)
Share-based compensation		463			276			-		739
Balance at February 28, 2025		276			10,767			3,541		14,584
Options exercised		-			(512	)		-		(512	)
Restricted share rights vested		(757	)		-			-		(757	)
Share-based compensation		488			983			-		1,471
Balance at November 30, 2025		7			11,238			3,541		14,786
Options exercised		-			(24	)		-		(24	)
Restricted share rights vested		(325	)		-			-		(325	)
Share-based compensation		342			499			-		841
Balance at February 28, 2026		24			11,713			3,541		15,278

	Number of Options			Weighted Average Exercise Price ($)
Balance at November 30, 2024		15,481,429			1.61
Cancelled		(150,000	)		2.03
Forfeited		(12,500	)		1.09
Balance at February 28, 2025		15,318,929			1.60
Granted		3,047,000			1.88
Exercised		(1,091,984	)		1.30
Forfeited		(82,500	)		1.22
Expired		(1,925,000	)		2.82
Balance at November 30, 2025		15,266,445			1.53
Granted		250,000			2.16
Exercised⁽¹⁾		(65,000	)		1.14
Expired		(25,500	)		1.72
Balance at February 28, 2026		15,425,945			1.54

	Three months ended February 28, 2026
Risk-free interest rate		2.47	%
Expected life (years)		2.87
Expected volatility		44.53	%
Expected dividend yield		0.00	%
Estimated forfeiture rate		5.60	%

			Options Outstanding						Options Exercisable
Exercise Prices			Number of Options Outstanding		Weighted Average Exercise Price ($)		Weighted Average Remaining Contractual Life (years)		Number of Options Exercisable		Weighted Average Exercise Price ($)		Weighted Average Remaining Contractual Life (years)
$1.09	-	$1.18		3,000,000		1.09		2.65		3,000,000		1.09		2.65
$1.19	-	$1.59		2,967,500		1.22		3.47		2,317,500		1.22		3.39
$1.60	-	$1.72		3,818,000		1.60		1.74		3,818,000		1.60		1.74
$1.73	-	$1.89		2,442,500		1.83		0.70		2,442,500		1.83		0.70
$1.90	-	$2.34		3,197,945		1.96		4.56		930,695		1.97		4.08
				15,425,945		1.54		2.67		12,508,695		1.48		2.23

	Number of RSRs			Weighted Average Value ($)
Balance at November 30, 2024		765,165			1.19
Vested⁽¹⁾		(172,049	)		1.19
Balance at February 28, 2025		593,116			1.19
Granted		379,840			1.94
Vested⁽¹⁾		(616,770	)		1.23
Forfeited		(6,500	)		1.19
Balance at November 30, 2025		349,686			1.94
Vested⁽²⁾		(73,420	)		1.94
Forfeited		(2,275	)		1.94
Balance at February 28, 2026		273,991			1.94

	February 28
	2026
	($)
Assets
Cash and cash equivalents		8,824
Restricted deposits		59
Prepaid expenses and deposits		248
Other assets		85
Land, property and equipment		1,502
Exploration and evaluation assets		77
		10,795

Liabilities
Accounts payable and accrued liabilities		694
Withholding taxes payable		247
Rehabilitation provisions		454
Lease liability		115
		1,510

	For the three months ended			For the three months ended
	February 28, 2026			February 28, 2025
	($)			($)
Cash used in operating activities		(1,560	)		(1,387	)
Cash used in investing activities		(59	)		-
Cash generated from financing activities		413			161

Effect of exchange rate changes on cash		(223	)		172

Net decrease in cash and cash equivalents and restricted cash		(1,429	)		(1,054	)
Cash and cash equivalents and restricted cash
Beginning of period		10,253			5,666
End of period		8,824			4,612

	Number of Options			Weighted Average Exercise Price (US$)
Balance at November 30, 2024		185,550			10.00
Granted		140,500			10.00
Exercised		(20,000	)		10.00
Forfeited		(2,500	)		10.00
Balance at February 28, 2025		303,550			10.00
Exercised		(13,750	)		10.00
Forfeited		(10,000	)		10.00
Balance at November 30, 2025		279,800			10.00
Granted		145,500			9.40
Forfeited		(5,800	)		9.79
Balance at February 28, 2026		419,500	⁽¹⁾		9.79

	February 28,		November 30,
	2026		2025
	($)		($)
La Mina		15,329		15,695
Titiribi		12,239		12,531
Yellowknife		7,418		7,419
Crucero		7,279		7,452
Cachoeira		6,255		6,171
São Jorge		5,270		5,199
Yarumalito		1,695		1,733
Whistler		1,078		1,104
Surubim		258		254
Batistão		237		234
Montes Áureos and Trinta		180		178
Rea		27		28
Total		57,265		57,998

	For the three months ended
	February 28,
	2026		2025
	($)		($)
São Jorge		617		156
Whistler		493		144
Titiribi		154		109
Yellowknife		121		22
Yarumalito		72		26
Crucero		63		1
La Mina		50		43
Rea		5		20
Cachoeira		3		10
Total		1,578		531

	Three months ended February 28, 2026			Three months ended February 28, 2025
Share price at grant date	US$9.40			US$8.74
Risk-free interest rate		3.52	%		4.32	%
Expected life (years)		3.00			3.00
Expected volatility⁽¹⁾		56.32	%		55.45	%
Expected dividend yield		0.00	%		0.00	%
Estimated forfeiture rate		0.00	%		0.00	%

	Number of RSUs			Weighted Average Value (US$)
Balance at November 30, 2024		-			-
Granted		15,050			8.32
Balance at February 28, 2025		15,050			8.32
Granted		5,000			9.25
Vested		(10,889	)		8.32
Forfeited		(600	)		8.32
Balance at November 30, 2025		8,561			8.86
Granted		16,200			9.40
Vested		(4,811	)		8.56
Forfeited		(500	)		9.40
Balance at February 28, 2026		19,450			9.37

	Number of Warrants			Weighted Average Exercise Price (US$)
Balance at November 30, 2024 and November 30 2025		1,740,992			13.00
Exercised		(210	)		13.00
Balance at February 28, 2026		1,740,782			13.00

Equity Holdings	Exchange	Number of Securities	Fair Value⁽¹⁾
U.S. GoldMining	NASDAQ	9,878,261 shares 122,490 warrants	$162.6 million (US$119.1 million)⁽²⁾
Gold Royalty Corp.	NYSE American	21,533,125 shares	$137.2 million (US$100.6 million)
NevGold	TSX-V	19,073,350 shares	$24.8 million⁽³⁾
Australian Mines Limited	ASX	84,429,563 shares	$1.6 million (AUD$1.5 million)
Galleon Gold Corp.	TSX-V	100,000 shares	$0.1 million

	Total non-current assets
	As at February 28,		As at November 30,
	2026		2025
	($)		($)
Canada		145,572		156,661
Colombia		30,568		31,308
Brazil		12,837		12,665
Peru		7,279		7,452
United States		2,467		2,291
Total		198,723		210,377

	Total operating loss
	For the three months ended
	February 28, 2026		February 28, 2025
	($)		($)
Canada		3,440		3,401
United States		2,316		1,525
Brazil		994		283
Colombia		506		356
Peru		29		20
Total		7,285		5,585

	Total assets				Total liabilities
	As at February 28,		As at November 30,		As at February 28,		As at November 30,
	2026		2025		2026		2025
	($)		($)		($)		($)
U.S. GoldMining⁽¹⁾		11,796		12,891		1,509		1,284
Others⁽²⁾		242,422		225,070		8,560		7,078
Total		254,218		237,961		10,069		8,362

	For the three months ended February 28, 2026									For the three months ended February 28, 2025
	U.S. GoldMining⁽¹⁾			Others⁽²⁾			Total			U.S. GoldMining⁽¹⁾			Others⁽²⁾			Total
	($)			($)			($)			($)			($)			($)
Operating expenses
Consulting fees		-			108			108			10			58			68
Depreciation		66			23			89			64			24			88
Directors' fees, employee salaries and benefits		186			627			813			168			427			595
Exploration expenses		493			1,085			1,578			144			387			531
General and administrative		584			1,603			2,187			922			1,096			2,018
Professional fees		226			421			647			189			762			951
Share-based compensation		1,021			842			1,863			358			739			1,097
Share of loss on investment in associate		-			-			-			-			232			232
Share of loss on investment in joint venture		-			-			-			-			5			5
		2,576			4,709			7,285			1,855			3,730			5,585
Operating loss		(2,576	)		(4,709	)		(7,285	)		(1,855	)		(3,730	)		(5,585	)

Other items
Interest income		85			138			223			51			35			86
Other expenses		(8	)		(9	)		(17	)		(9	)		(6	)		(15	)
Net foreign exchange gain (loss)		(3	)		(417	)		(420	)		(1	)		45			44
Net loss for the period before taxes		(2,502	)		(4,997	)		(7,499	)		(1,814	)		(3,656	)		(5,470	)
Current income tax recovery (expense)		-			-			-			(5	)		122			117
Deferred income tax recovery		-			253			253			-			462			462
Net loss for the period		(2,502	)		(4,744	)		(7,246	)		(1,819	)		(3,072	)		(4,891	)

	Amount ($)
Due within 1 year		179
1 – 3 years		141
3 – 5 years		-
More than 5 years		-
Total		320	⁽¹⁾

	February 28
	2026
(in thousands of dollars)	($)
Assets
Cash and cash equivalents		8,824
Restricted deposits		59
Prepaid expenses and deposits		248
Other assets		85
Land, property and equipment		1,502
Exploration and evaluation assets		77
		10,795

Liabilities
Accounts payable and accrued liabilities		694
Withholding taxes payable		247
Rehabilitation provisions		454
Lease liability		115
		1,510

Selected Operating Results		U.S. GoldMining⁽¹⁾						Others⁽²⁾									Consolidated
	For the three months ended							For the three months ended									For the three months ended
	February 28,		February 28,					February 28,			February 28,						February 28,			February 28,
(in millions of dollars)	2026 ($)		2025 ($)		Change ($)			2026 ($)			2025 ($)			Change ($)			2026 ($)			2025 ($)			Change ($)
Operating loss		2.6		1.9		0.7			4.7			3.7			1.0			7.3			5.6			1.7
Consulting fees		-		-		-			0.1			0.1			-			0.1			0.1			-
Directors' fees, employee salaries and benefits		0.2		0.2		-			0.6			0.4			0.2			0.8			0.6			0.2
Exploration expenses		0.5		0.1		0.4			1.1			0.4			0.7			1.6			0.5			1.1
General and administrative expenses		0.6		0.9		(0.3	)		1.6			1.1			0.5			2.2			2.0			0.2
Professional fees		0.2		0.2		-			0.4			0.8			(0.4	)		0.6			1.0			(0.4	)
Share-based compensation		1.0		0.4		0.6			0.9			0.7			0.2			1.9			1.1			0.8
Share of loss in associate		-		-		-			-			0.2			(0.2	)		-			0.2			(0.2	)
Current income tax recovery		-		-		-			-			(0.1	)		0.1			-			(0.1	)		0.1
Deferred income tax recovery		-		-		-			(0.3	)		(0.5	)		0.2			(0.3	)		(0.5	)		0.2
Net loss		2.5		1.8		0.7			4.7			3.1			1.6			7.2			4.9			2.3

For the quarter ended	Net loss			Basic and diluted net loss per share
(in thousands of dollars, except per share amounts)	($)			($)
February 28, 2026		(7,246	)		(0.03	)
November 30, 2025		(7,722	)		(0.04	)
August 31, 2025		(103	)		(0.00	)
May 31, 2025		(2,616	)		(0.01	)
February 28, 2025		(4,891	)		(0.02	)
November 30, 2024		(9,396	)		(0.04	)
August 31, 2024		(9,480	)		(0.05	)
May 31, 2024		(5,692	)		(0.03	)

Contractual Obligations	Payments Due by Period
	Total		Less than 1 year		1 – 3 years		3 – 5 years		After 5 years
(in thousands of dollars)	($)		($)		($)		($)		($)
Office and Storage Leases		634		301		333		-		-
Land Access Agreements		3		3		-		-		-
Total Contractual Obligations		637		304		333		-		-

Expiry Date	Exercise/Grant Price ($)		Number Outstanding
August 25, 2026		1.52		100,000
November 11, 2026		1.83		2,227,500
November 24, 2026		1.84		140,000
December 07, 2026		1.57		25,000
January 17, 2027		1.98		18,945
January 18, 2027		2.01		50,000
April 07, 2027		2.07		100,000
June 20, 2027		1.46		25,000
July 15, 2027		1.18		75,000
November 24, 2027		1.60		3,811,750
May 08, 2028		1.45		50,000
May 24, 2028		1.34		75,000
November 04, 2028		1.09		2,875,000
December 01, 2028		1.22		240,000
January 16, 2029		1.14		50,000
November 27, 2029		1.19		2,098,750
March 14, 2030		1.24		250,000
November 28, 2030		1.94		2,773,000
December 03, 2030		1.97		50,000
January 23, 2031		2.34		100,000
February 16, 2031		2.07		100,000
				15,234,945