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)
Nuclear cooling tower with rising bar and line graphs in the background.

Uranium Price 2025 Year-End Review

After 2024’s rapid rise, the U3O8 spot price remained more constrained through 2025, fluctuating between a relatively short range of US$63.17 (March 13) and US$83.33 (September 25) per pound. Entering the year, the price was sitting at US$74.56 before economic and geopolitical uncertainty pushed... Keep Reading...
Bruce Lane, executive director of American Uranium

American Uranium Eyes Resource, Scoping Study Update in 2026

American Uranium (ASX:AMU) is advancing drilling at its Lo Herma project in Wyoming, with work continuing into the winter season, according to Executive Director Bruce Lane in an interview with the Investing News Network. The company is currently awaiting results from recent hydrogeological... Keep Reading...
Smartphone displaying uranium stock chart with buy and sell options.

China’s Sole Uranium Miner Soars in Market Debut

China National Uranium (SZSE:001280) more than tripled in value during its first day of trading in Shenzhen, raising about 4 billion yuan (US$570 million) in its Wednesday (December 3) debut.According to an exchange filing cited by Bloomberg, the state-backed miner priced 248 million shares at... Keep Reading...
Map with a pin marking Niger, showing neighboring countries.

Niger Moves to Sell Uranium from Orano's Seized SOMAÏR Mine

Niger’s military government announced on Sunday (November 30) that it intends to put uranium produced by the SOMAÏR mine on the international market.General Abdourahamane Tiani, head of the junta, told state television that “Niger's legitimate right to dispose of its natural riches to sell them... Keep Reading...
Expands REE and Uranium Footprint at Sybella-Barkly

Expands REE and Uranium Footprint at Sybella-Barkly

Basin Energy (BSN:AU) has announced Expands REE and uranium footprint at Sybella-BarklyDownload the PDF here. Keep Reading...
Map highlighting France and Niger with their flags placed on top.

Orano Condemns Illegal Uranium Transfer from Niger Mine

Orano said it “strongly condemns” the removal of uranium from the SOMAÏR mine in Northern Niger.The French firm called the transfer illegal and a direct breach of the International Center for Settlement of Investment Disputes’ (ICSID) September ruling, which prohibits the material's sale or... Keep Reading...

Latest Press Releases

Related News