By Jocelyn Aspa
GoviEx Uranium (TSXV:GXU) has announced that it has closed the first tranche of its previously announced private placement financing.
As quoted in the press release:
In this first tranche, the Company issued an aggregate of 47,429,856 Units at a price of C$0.10 per Unit, for gross proceeds to the Company of approximately
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 13, 2016) – GoviEx Uranium Inc. (CSE:GXU) (“GoviEx”) and Denison Mines Corp. (TSX:DML)(NYSE MKT:DNN) (“Denison”) are pleased to announce the completion of the transaction to combine their respective African uranium interests (the “Transaction”), previously announced on March 30, 2016.
Under the terms of the Transaction, GoviEx
TORONTO, ONTARIO–(Marketwired – March 30, 2016) – Denison Mines Corp. (TSX:DML)(NYSE MKT:DNN) (“Denison”) is pleased to announce the execution of a Definitive Share Purchase Agreement (the “Agreement”) with GoviEx Uranium Inc. (CSE:GXU) (“GoviEx”) to combine their respective African uranium mineral interests (the “Transaction”) to create the leading African-focused uranium development
Collabo Innovations Inc., a subsidiary of Wi-LAN Inc (TSE:WIN), has entered into a patent license agreement with Toshiba Corp (TYO:6502).
GoviEx Uranium (CSE:GXU) welcomed Ivanhoe Industries as a strategic shareholder of the company. GoviEx closed a private placement with Ivanhoe for gross proceeds of approximately C$1.825 million.
GoviEx Uranium (XSE:GXU) announced that its strategic partner Toshiba (TYO:6502) has agreed to a two-year extension of an early redemption right of Toshiba’s uranium loan (B Bond), to December 31, 2017.
Resource Investing News spoke with Daniel Major, CEO of GoviEx Uranium, about his company’s Madaouela project in Niger and how it’s progressing in today’s low price environment. He also touched on his outlook for the uranium market moving forward.
Toshiba (TYO:6502) will supply a large scale battery energy storage system (BESS) for a frequency regulation project to be carried out by Sumitomo Corporation in Hamilton, Ohio. The BESS will integrate an array of its 6MW-2MWh SCiB™ lithium-ion batteries, and will be delivered in November.
James McIlree: Three Companies Could Transform Power Production – The Energy Report (5/2/13) Energy tech companies have a business model that’s closer to Apple Inc. than Apache Corp. In other words, it’s all about the new product. The products Dominick & Dominick Analyst James McIlree is excited about offer major
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Germany’s views on the nuclear renaissance may have flipped, but nations like China, France, Argentina, Bangladesh and even oil-rich Saudi Arabia are staying the course.