GoviEx Grants Stock Options to New Directors

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx"), announces that, pursuant to its Share Purchase Option Plan, and following the appointment of Salma Seetaroo and Eric Krafft to the GoviEx's board of directors, announced February 22, 2021, it has granted incentive stock options to the two new directors to purchase up to an aggregate of 1,000,000 Class A common shares in the capital stock of GoviEx.

The stock options are exercisable at a price of $0.31 per share and will vest 25% on the date of grant and thereafter, 25% on each anniversary of the date of grant until fully vested. The options expire on March 18, 2026.

As we now look forward to a strengthened uranium market and the potential development of our uranium projects, we are very pleased to have Salma and Eric, who have been long acquainted with the Company, join our board of directors to complement the existing GoviEx team, bringing with them their particular skillsets and considerable experience in commodities, financing, investment banking and Africa", noted Govind Friedland, Executive Chairman.

About GoviEx Uranium

GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is 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 multi-element Falea Project in Mali.

Information Contacts

Govind Friedland, Executive Chairman
Daniel Major, Chief Executive Officer
+1-604-681-5529
info@goviex.com
www.goviex.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/77887

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Yellow uranium rock on dark stones with ASX logo in the corner.

Top 5 ASX Uranium Stocks in 2026

Driven by projections of rising nuclear energy demand, the spot uranium price began 2026 above US$80 per pound before reaching a year-to-date high of US$101.41 on January 29.Geopolitical instability, however, pushed the price down to US$85.50 by February 5, a nearly 16 percent weekly drop.... Keep Reading...
AuKing to Acquire High-Grade Tundulu Rare Earths Project in Malawi and Strategic Placement

AuKing to Acquire High-Grade Tundulu Rare Earths Project in Malawi and Strategic Placement

AuKing Mining Limited (ASX: AKN) (“AuKing” or “the Company”) has agreed to acquire a 100% interest in the Tundulu Rare Earth Elements (REE) project in south-eastern Malawi (Proposed Acquisition). Highlights AuKing to acquire 100% of the Tundulu Rare Earths Project in south-eastern Malawi – a 5km... Keep Reading...
Wooden blocks with handshake and person icons connected with lines on a light teal background.

Uranium Royalty's US$1.1 Billion Sweetwater Deal Fuels Nuclear Growth

Uranium Royalty (TSX:UROY,NASDAQ:UROY) has agreed to acquire privately held Sweetwater Royalties in a US$1.1 billion transaction, absorbing a portfolio of Wyoming soda ash assets.Under the terms announced on Thursday (April 16), Uranium Royalty will pay Sweetwater’s majority owners US$330... Keep Reading...
John Ciampaglia, nuclear reactors.

John Ciampaglia: Uranium's "Powerful" Price Signal, Plus Supply, Demand, Stocks

John Ciampaglia, CEO of Sprott Asset Management, breaks down uranium supply, demand and prices as the impact of the Iran war spreads through the commodities sector. "There's no impairment to the long-term story — if anything, I think it's gotten better — but the short-term noise and uncertainty... Keep Reading...

Interactive Chart

Latest Press Releases

Related News