GoviEx Uranium Letter to Stakeholders

Vancouver, British Columbia–(Newsfile Corp. – July 17, 2024) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx" or "Company") today provides a letter to stakeholders from the Executive Chairman, Govind Friedland.

Dear Stakeholders,

Nearly two weeks ago, our Company was informed by the Government of the Republic of Niger that it no longer has rights over the perimeter of the mining permit for our Madaouela Project, which reverted back to the public domain.

This decision came despite our very best efforts spanning almost two decades, which have transformed Madaouela from an exploratory venture into one of the world’s largest known uranium deposits. Since acquiring our license, we have navigated through extreme uncertainty and withstood periods of historically low uranium prices. Despite this, we continued to develop the project through 2023 when uranium prices exceeded the US$65 per pound U3O8 used in our 2022 Feasibility Study. 1 Our readiness to escalate development was […]

Click here to view original web page at www.newsfilecorp.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.