GoviEx Uranium Provides Update on the Sale of the Falea Exploration Project

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (‘GoviEx’ or the ‘Company’), a mineral resource company specializing in uranium exploration and development in Africa, announces that the agreement with African Energy Metals Inc. (‘AEM’) for AEM’s acquisition of all the issued and outstanding shares of GoviEx’s wholly-owned Malian subsidiary, Delta Exploration Mali SARL (‘Delta’), which holds the Falea project in Mali, has been terminated due to the fact that AEM was unable to complete its obligations for closing.

In light of this development, GoviEx retains ownership of the Falea project. GoviEx’s primary focus is to concentrate its resources on the development of its two advanced-stage mine-permitted projects, namely Madaouela in Niger and Muntanga in Zambia.

About GoviEx Uranium Inc.

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 […]

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