Canadian Securities Exchange-listed project developer GoviEx Uranium and TSX-listed Denison Mines have completed a C$5-million all-scrip transaction to merge their respective African assets to create the largest undeveloped uranium resource base in the world.
“The closing of this transaction with Denison signifies a new beginning for GoviEx. The company has greatly expanded its uranium resources, diversified geographically, and introduced a project pipeline to add leverage to the development of our flagship Madaouela project, in Niger,” the son of billionaire mining legend Robert Friedland, GoviEx founder and executive chairperson Govind Friedland stated.
