GoviEx close private placement financing

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.

Loading

Check Also

CEC applauds government fast tracking energy legislative reforms

Government has been commended for fast tracking 2024 legislative reforms in the country’s electricity sector. …