GoviEx Uranium Statement on Recent Coup in Niger

Rhea-AI Summary

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) Assures Unaffected Operations in Niger Despite Recent Coup d'état

Positive

• GoviEx Uranium Inc. reassures stakeholders and partners of unaffected operations in Niger amidst recent political turmoil.
• Niger has maintained stability in its uranium mining activities for the last 50 years, indicating resilience and commitment to development.
• The company emphasizes its global presence and commitment to the safety and well-being of its employees and local communities.

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• None.

Vancouver, British Columbia--(Newsfile Corp. - July 27, 2023) - In light of the recent coup d'état in Niger, GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) wishes to assure its stakeholders, partners, and the people of Niger of the following:

GoviEx's operations in Niger remain unaffected by the current situation. We are committed to ensuring that our activities continue as normal, both at our Project site and our office in Niamey.

GoviEx has always worked for the benefit of all stakeholders, including the people of Niger. We believe in the potential of the country and its people, and we remain dedicated to contributing positively to its socio-economic development.

Niger has been a pro-mining country and despite changes in regime, has never experienced an interruption in its uranium mining activities over the last 50 years. This long-standing stability in the mining sector is a testament to the country's resilience and its commitment to development.

GoviEx remains hopeful for a peaceful resolution to the current situation and reiterates its commitment to working in Niger for the mutual benefit of all parties involved. While the Company is deeply committed to its Niger operations, it is important to highlight that GoviEx Uranium Inc. is a global company with a diverse portfolio and a significant presence in Zambia.

The safety and well-being of our employees and the communities in which we operate are of paramount importance to us. We are closely monitoring the evolving situation and will continue to engage with our stakeholders, both locally and internationally, to keep them informed of any developments related to our Niger operations.

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 its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its multi-element Falea Project in Mali.

Contact Information

Isabel Vilela, Head of Investor Relations and Corporate Communications
Tel: +1-604-681-5529
Email: info@goviex.com
 Web: www.goviex.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175099

FAQ

How is GoviEx Uranium Inc. (GXU) affected by the recent coup d'état in Niger?

GoviEx Uranium Inc. reassures stakeholders that its operations in Niger remain unaffected by the current situation, both at its Project site and office in Niamey.

What is the significance of Niger's stability in uranium mining activities for the last 50 years?

Niger's long-standing stability in the mining sector demonstrates the country's resilience and commitment to development, providing a favorable environment for companies like GoviEx Uranium Inc. to operate.

How is GoviEx Uranium Inc. ensuring the safety and well-being of its employees and local communities in Niger?

GoviEx Uranium Inc. emphasizes its commitment to closely monitor the evolving situation and engage with stakeholders to ensure the safety and well-being of its employees and local communities in Niger.