Off-market insider buying at Goviex Uranium (GXU)

Off-market insider buying at Goviex Uranium (V:GXU)

Govind Friedland, a Senior Officer and Director, acquired 8,500,000 Common Shares Class A on a direct ownership basis at a price of $0.160 through a prospectus or prospectus exempt offering on December 22nd, 2023. The insider also acquired 8,500,000 Warrants with an exercise price of $0.160 for 36 months. This represents a $1,360,000 investment into the company's shares and an account share holdings change of 31.7%.

Goviex Uranium is in the Uranium Sub Industry Group under the Energy Sector.

GoviEx Uranium Inc. is a Canada-based mineral resource company. The Company is focused on the exploration and development of uranium properties in Africa. The Company's flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its multi-element Falea Project in Mali. The Madaouela Project is located approximately 10 kilometers (km) south of Arlit, and Areva's mining subsidiaries of Cominak and Somair, in north central Niger. The Mutanga Project is located approximately 200 km south of Lusaka, immediately north of Lake Kariba, at elevations of 500 meters to 960 meters. The Falea Project is located within the Falea-North Guinea-Senegal Neoproterozoic Basin. The Falea Project is comprised of three licenses, such as Bala, Madini and Falea. The Falea polymetallic (uranium, silver, and copper) deposit is located in Mali, West Africa, approximately 350 km west of Bamako, the capital of Mali, and approximately 240 km south of the city of Kayes.