NevGold entered into a standstill agreement with GoldMining, pursuant to which GoldMining (GLDG)has agreed not to, directly or indirectly, sell common shares of NevGold through open market transactions for a period of 18 months, subject to certain customary exceptions. GoldMining holds, and has control and direction over, 19,073,350 common shares, representing approximately 16.7% of the Company’s outstanding common shares.
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