GoviEx Uranium has closed private placement expected to continue financing exploration and development activities on the company’s mineral assets.
The C$5.385 million private placement financing is to strengthen GoviEx’s principal objective to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its other uranium properties in Africa.
GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa.
In aggregate, the GoviEx issued a total of 21,541,880 units at a price of C$0.25 per unit, for gross proceeds to the company of C$5,385,470.
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