GoviEx Uranium Provides Update on Madaouela Financing Process

Following the announcement of the Project’s Feasibility Study (" FS ") results on 20 September 2022, GoviEx has been working with its financial advisors, Endeavour Financial (" Endeavour "), to develop the optimum financing solution for the Madaouela Project.

The initial phase involved Endeavour reviewing the FS technical and financial information and issuing a Project marketing document to prospective financiers to solicit interest in providing project related debt financing.

This initial phase is now complete and has resulted in a preliminary short-list of approximately 20 institutions who will now move forward with the detailed due diligence phase. Prospective project financiers include a mix of commercial banks, export credit agencies, development finance institutions, equipment suppliers and alternative finance providers.

Daniel Major, CEO, commented: "We view the initial results from the project financing progress with Endeavour as very encouraging which we believe underlines the positive technical and financial results from the FS and the […]

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