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GoviEx Uranium ( (TSE:GXU) ) just unveiled an update.
GoviEx Uranium Inc. has appointed Endeavour Financial as its financial advisor for the Muntanga uranium project in Zambia, marking the first step in securing project financing. The Muntanga Project, which has a strong economic profile and potential for expansion, is strategically positioned to address the growing demand for uranium amidst constrained supply, aligning with the global energy transition. With production expected to begin in 2028, the project is poised to leverage established export routes and capitalize on the strengthening uranium market.
More about GoviEx Uranium
GoviEx Uranium Inc. is a mineral resource company focused on the exploration and development of uranium properties in Africa. Its principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted Muntanga Project in Zambia.
YTD Price Performance: 12.50%
Average Trading Volume: 1,645,865
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$40.63M
Learn more about GXU stock on TipRanks’ Stock Analysis page.
