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)
Alligator Energy (ASX:AGE)

Further Uranium Mineralisation Intersected at Big Lake as Roll-Front Model Strengthens

Alligator Energy Ltd (ASX: AGE) (Alligator or the Company) is pleased to report initial drilling results from its 2026 exploration program at the Big Lake Uranium Project in South Australia's Lake Eyre Basin, with drilling confirming further uranium mineralisation at Site... Keep Reading...
American Uranium

Large-Scale Aquifer Testing Commences at Lo Herma as ProjectAdvances Toward ISR Development

Large scale hydrogeological testing is now underway at Mine Unit 1 following AMU's recent 9.96Mlb resource update, supporting permitting activities and the Company's targeted Q4 2026 Scoping Study.American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to... Keep Reading...
Hand pressing a wooden "approved" stamp on paper.

Energy Fuels Secures Shareholder Votes for ASM Acquisition

Shareholders of Australian Strategic Materials (ASM) (ASX:ASM,OTCPL:ASMMF) overwhelmingly approved a takeover by Colorado-based uranium and rare earths producer Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU), the company announced on Wednesday (August 12).ASM shareholders met in Perth, with over 98... Keep Reading...
Map shows Central African countries with a red pin over Brazzaville; text reads: Democratic Republic of the Congo.

DRC Investigates Uranium-Contaminated Cobalt Claims

The Democratic Republic of Congo (DRC) announced it is launching a formal investigation into massive quantities of undeclared uranium contaminating its cobalt exports.Officials said they will test cobalt hydroxide shipments bound for China and establish a working group to review recent findings... Keep Reading...

Interactive Chart

Latest Press Releases

Related News