GoviEx Uranium Inc. a mineral resource company specializing in uranium exploration and
development in Africa, announces that the agreement with African Energy Metals Inc. (“AEM”) for AEM’s acquisition of all the issued and outstanding shares of GoviEx’s wholly-owned Malian subsidiary, Delta Exploration Mali SARL (“Delta”), which holds the Falea project in Mali, has been terminated due to the fact that AEM was unable to complete its obligations for closing.
In light of this development, GoviEx retains ownership of the Falea project. GoviEx’s primary focus is to concentrate its resources on the development of its two advanced-stage mine-permitted projects, namely Madaouela in Niger and Muntanga in Zambia.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release