GoviEx Uranium Closes C$15 Million Bought Deal Private Placement

Mr. Govind Friedland reports:

Vancouver, British Columbia–(Newsfile Corp. – May 11, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (" GoviEx " or the " Company "), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters and joint bookrunners (collectively, the Underwriters ), of 85,714,200 units of the Company (" Units "), at a price of C$0.175 per Unit for aggregate gross proceeds of C$14,999,985 (the " Private Placement ").

Each Unit consists of one Class A common share of the Company (a " Common Share ") and one Common Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant entitles the holder thereof to purchase one Common Share (a " Warrant Share ") at US$0.19 until May 11, 2025.

The Company intends […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet