Goviex Uranium And The Republic Of Niger Agree To Extend Arbitration Pause

2025-09-11 06:06:17

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - September 11, 2025) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ( " GoviEx " ) and its wholly-owned subsidiary GoviEx Niger Holdings Ltd. (together, the " Companies ") are pleased to announce that they have agreed with the Republic of Niger (together, the " Parties "), to extend the pause in the ongoing arbitration proceedings under the ICSID Convention for a further six months.

This extension builds on the letter of intent signed in February 2025, which set out a structured roadmap for negotiations regarding the Madaouela Uranium Project. While the Parties have shown willingness to find an amicable solution, there is no certainty that negotiations will result in a binding and definitive agreement. Should the Parties be unable to reach a resolution within the extended period, the arbitration proceedings may resume.

GoviEx will continue to provide timely updates as discussions progress. The arbitration and ongoing negotiations are not affected by GoviEx's recently announced reverse takeover of Tombador Iron Limited.

About GoviEx Uranium Inc.

GoviEx (TSXV: GXU) (OTCQB: GVXXF), is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted Muntanga Project in Zambia.

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