Vancouver, British Columbia--(Newsfile Corp. - September 7, 2021) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or "Company"), is pleased to announced today the appointment of Endeavour Financial to provide financial advisory services with respect to GoviEx's mine permitted Madaouela uranium project in the Republic of Niger (the "Madaouela Project").
Daniel Major, Chief Executive Officer, commented, "We look forward to working with the Endeavour Financial in developing the optimum financing solution for the Madaouela Project. Endeavour Financial provides a full service approach towards the financial advisory role including support on debt advisory, offtake finance and technical and environmental guidance. Endeavour Financial's track record in mine financing and especially in developing jurisdictions including Africa speaks for itself and their decision to work with GoviEx I believe underlines the quality of the Madaouela Project. We expect that ultimately production financing will be some combination of debt, royalties or streaming, and equity, with a focus on keeping the equity portion as low as possible."
David Rhodes, Managing Director of Endeavour Financial, commented, "Endeavour Financial is delighted to be able to work with the GoviEx team to evaluate and execute financing for the development of this high class asset in Niger, a country that since the 1970's has been a recognised and reliable major uranium producer."
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