GoldMining Inc. reports net loss of $16.5M CAD for H1 2026; revises warrant classification

U.S. GoldMining Inc.

Net loss for six months ended May 31, 2026: $16.5M CAD vs $4.6M loss in prior year period.
Operating loss of $15.2M CAD, driven by $4.7M exploration expenses and $3.1M share-based compensation.
Revision reclassifies U.S. GoldMining warrants as derivative liabilities, reducing equity by $1.6M as of Nov 30, 2025.
Cash and cash equivalents of $21.4M CAD; short-term investments of $60.2M CAD as of May 31, 2026.
Financials are preliminary, unaudited, and not prepared under US GAAP; caution against reliance.

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