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Posted by
Two Blokes May 5 -
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GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) said on Monday it had closed a C$10.5 million upsized private placement, anchored by a privately held Zambian investment group, strengthening its development plans for the Muntanga uranium project in Zambia. The financing saw the sale of 209.4 million units at C$0.05 each, with each unit comprising one common share and a warrant exercisable at US$0.051 until May 2027.