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)
Close up of pieces of yellow uranium rock on a black surface.

Top 5 Australian Mining Stocks This Week: Cauldron Energy Jumps on Yanrey Survey Results

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.West Perth-based Cauldron Energy took the lead as three uranium stocks landed in this week's top five performing shares amidst a backdrop of negotiations between the US and Iran on... Keep Reading...
Yellow uranium barrels on forklift with Iran flag background.

As US, Iran Near Peace Pact, Tehran Reportedly Seals Off Uranium Cache

US intelligence officials say Iran has moved to seal off its cache of highly enriched uranium (HEU) by deliberately collapsing tunnel networks and lining entryways with explosives, a CNN report notes.Located primarily at the Isfahan nuclear complex, the fortification of the underground... Keep Reading...
  Alligator Energy Limited

Drilling Recommences at Big Lake Uranium Discovery, South Australia

Alligator Energy Limited ASX: AGE (Alligator or the Company) is pleased to advise that its follow- up drill program at the Big Lake Uranium Project (Big Lake) in the Lake Eyre Basin, South Australia is now underway after a hiatus due to persistent rain following the initial discovery success in... Keep Reading...
Tenement Application Expands Newmans Rare Earth Target Area

Tenement Application Expands Newmans Rare Earth Target Area

Basin Energy (BSN:AU) has announced Tenement Application Expands Newmans Rare Earth Target AreaDownload the PDF here. Keep Reading...
Utah in focus on a US map.

Anfield Energy Prepares Shootaring Canyon Mill for 2027 Uranium Revival

Anfield Energy (TSXV:AEC,NASDAQ:AEC) has commenced preparatory dismantling work at its Shootaring Canyon uranium mill in Utah ahead of a targeted 2027 production restart.The company announced on Monday (June 8) that it has begun removing existing leach tanks at the facility to lower its... Keep Reading...

Interactive Chart

Latest Press Releases

Related News