GoldMining restates U.S. GoldMining warrants as derivative liabilities after IAS 32 review
USGO•Warrants reclassified after IAS 32 review
GoldMining reclassified U.S. GoldMining’s IPO warrants as derivative liabilities, reversing their prior equity classification.
The review found the warrants failed IAS 32 “fixed-for-fixed” rules due to cashless exercise provisions.
Comparatives were revised to recognize fair-value changes through profit or loss from inception.
Derivative liabilities were restated to CAD 1.6 million at Nov. 30, 2025, from zero previously reported.
