GoviEx is a mineral resource company focused on the exploration and development of its African uranium properties. GoviEx’s principal objective is to become a significant uranium producer through the continued exploration and development of its Mine Permitted Madaouela Project in Niger and its Mine Permitted Mutanga Project in Zambia and Falea Project in Mali. GoviEx controls one of the largest uranium resource bases among publicly listed companies, with combined National Instrument 43-101 (“NI 43-101”) Measured & Indicated resources of 124.29 Mlbs U3O8, plus Inferred resources of 73.11 Mlbs U3O8.
On June 19, 2014, GoviEx successfully closed its initial public offering (IPO) on the Canadian Securities Exchange (CSE), and began trading under the symbol “GXU”. On July 11, 2016 Goviex transferred its listing to the TSX Venture Exchange (TSX-V).
GoviEx’s major industry shareholders include Cameco ‒ one of the world’s largest uranium producers providing about 18%, Toshiba, whose wholly owned subsidiary is Westinghouse – a world leader in supplying nuclear technology, Denison – a uranium development and exploration company focused in the infrastructure-rich eastern portion of the Athabasca Basin region in northern Saskatchewan, Canada and is the manager of Uranium Participation Corp. – a publicly traded company which invests in uranium oxide and uranium hexafluoride, and Ivanhoe Industries – a U.S.-based, privately held company actively engaged in supporting technology, energy and natural resource companies worldwide.
• Strong shareholder base, including Denison Mines, Ivanhoe Industries, Toshiba Corporation and Cameco Corporation.
• A growth Africa-focused uranium company with a robust project development pipeline and jurisdictional diversification.
• One of the largest NI 43-101 uranium resource bases in combination amongst its peer group, with combined Measured resources of 28.6 Mlbs U3O8, Indicated resources of 95.7 Mlbs U3O8, and Inferred resources of 73.1 Mlbs U3O8.
• Considerable exploration potential to further increase mineral resources, with several drill-ready targets defined at each property.
• Mining permits granted in Niger and Zambia, both recognized mining countries with good infrastructure and long mining histories.
• Significant metallurgical test work and engineering studies completed on its three principal development assets, providing GoviEx with an opportunity to build a strong development pipeline.