GoldMining Inc. entered into an agreement to acquire Maguire Lake from Viking Gold Exploration Inc. for CAD 0.08 million.

GoldMining Inc. (TSXV:GOLD) entered into an agreement to acquire Maguire Lake from Viking Gold Exploration Inc. for CAD 0.08 million on January 8, 2018. Under the terms of consideration, GoldMining Inc. will issue 0.06 million common shares to Viking Gold. The transaction is subject to customary closing conditions, including, among other things, receipt of requisite approvals and is expected to close by the end of January 2018.

As on January 11, 2018, TSX Venture Exchange has accepted the filing documentation of the transaction.