GoldMining Inc.

The fair value of Options granted was estimated at the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions: Nine months ended August 31, 2026 Nine months ended August 31, 2025 Risk-free interest rate 2.60 % 2.68 % Expected life (years) 2.87 2.81 Expected volatility 45.08 % 40.27 % Expected dividend yield 0.00 % 0.00 % Estimated forfeiture rate 5.99 % 0.27 % 15 GoldMining Inc.

SEC original ↗GoldMining Inc. — Presentation / slide deck (6-K exhibit)EX-99Oct 14, 2026

GoldMining stock options granted were estimated at the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions: Nine months ended August 31, 2026 Nine months ended August 31, 2025 Share price at grant date US$9.55 US$8.74 Risk-free interest rate 3.51 % 4.32 % Expected life (years) 3.00 3.00 Expected volatility (1) 56.95 % 55.45 % Expected dividend yield 0.00 % 0.00 % Estimated forfeiture rate 0.00 % 0.00 % (1) As there was limited trading history of U.

SEC original ↗GoldMining Inc. — Presentation / slide deck (6-K exhibit)EX-99Oct 14, 2026

Additional work on projects identified as part of the strategic review process and any future expansion, including the acquisition of additional mineral properties or interests, may require additional financing, which we may obtain through equity and/or debt financing.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Additional work on projects identified as part of the Strategic Review Process and any future expansion, including the acquisition of additional mineral properties or interests, may require additional financing, including additional equity and/or debt financing.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

The Company's ability to meet its obligations and finance exploration and development activities over the long-term will depend on its ability to generate cash flow through the issuance of GoldMining Shares pursuant to equity financings and/or short-term or long-term loans and debt financings.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Credit Facility On January 19, 2026, a subsidiary of the Company entered into a $1.25 million credit facility with The Toronto-Dominion Bank, secured by a one-year cashable guaranteed investment certificate.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Business Overview The Company is a mineral exploration company focused on the acquisition and development of gold assets in the Americas.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Through its disciplined acquisition strategy, the Company controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Company Strategy The Company's long-term growth strategy of acquiring and developing gold assets in the Americas is premised on a disciplined execution strategy of advancing the existing portfolio including pursuing partnerships and joint ventures, while also continuing to evaluate accretive acquisition opportunities and potential spin-outs and property divestiture opportunities.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Update on Material Properties The Company is currently in the process of identifying and planning additional work related to its projects with the goal of directing resources to enhance value at prioritized projects (the "Strategic Review Process").

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

To date, pursuant to this Strategic Review Process, the Company has identified additional studies and reports to be completed at certain of its properties as detailed below.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026

It expects that any such challenge by the Company would be on the same basis as its prior successful challenge of similar Municipal actions in the past.

SEC original ↗GoldMining Inc. — Earnings release (6-K exhibit)EX-99Oct 14, 2026