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)
Chessboard with Indian and Canadian flags in the background.

Canada, India Close to Resuming Uranium Trade After Diplomatic Freeze

Canada is preparing to unveil a multibillion-dollar uranium export agreement with India, marking the strongest sign yet that the two countries are rebuilding ties after a two-year diplomatic freeze. Two people familiar with the negotiations revealed that the deal, valued at roughly US$2.8... Keep Reading...
Hydrogeological Testing Underway at Lo Herma

Hydrogeological Testing Underway at Lo Herma

Hydrogeological testing has commenced at AMU’s flagship Lo Herma ISR Project in Wyoming’s Powder River Basin to validate aquifer performance concurrent with Phase 1 drilling which aims expand the 8.57Mlb resource at Lo Herma.

American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to advise that hydrogeological testing at its Lo Herma ISR uranium project in Wyoming’s Powder River Basin has commenced. Testing is being undertaken by Petrotek Corporation, a leading injection well... Keep Reading...
Drilling Commenced for Sybella-Barkly Uranium and Rare Earth

Drilling Commenced for Sybella-Barkly Uranium and Rare Earth

Basin Energy (BSN:AU) has announced Drilling commenced for Sybella-Barkly uranium and rare earthDownload the PDF here. Keep Reading...

Latest Press Releases

Related News