GoviEx Uranium on extension of Niger arbitration, Tombador transaction update

GoviEx Uranium Inc head of corporate communications Isabel Vilela talked with Proactive's Stephen Gunnion about the company’s recent developments, including progress in Niger and the planned transaction with Tombador Iron. Vilela explained that GoviEx had agreed with the Republic of Niger to extend the pause in arbitration over the Madaouela Project license for another six months. She noted, “The key point here is that both parties are willing to talk and negotiate, and we want to keep the dialogue going.” Vilela emphasised that the arbitration pause remains entirely separate from the company’s deal with Tombador Iron. She also provided an update on the reverse takeover transaction with Tombador, highlighting that over 40% of GoviEx security holders have already committed to supporting the deal. On the Tombador side, their shareholder vote is scheduled for early October, with GoviEx’s meeting planned later in the month. The company expects to close the transaction before the end of the year, pending regulatory approvals. Vilela outlined the benefits of the transaction, including access to Australian mining investors, an injection of between A$5 million and A$10 million at a premium to the current share price, and a tighter capital structure through share consolidation. Importantly, GoviEx shareholders will retain 75% of the combined company pre-raise. The business will also rebrand to Atomic Eagle, with a continued focus on developing the Muntanga Project. For more videos, visit Proactive’s YouTube channel. Don’t forget to give this video a like, subscribe to our channel, and enable notifications for future updates. #GoviExUranium #Uranium #MiningStocks #ASXListing #AtomicEagle #TombadorIron #MuntangaProject #Niger #UraniumMining #ProactiveInvestors