(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (" GoviEx" or the "Company ") is pleased to announce that on November 5, 2025 the Supreme Court of British Columbia granted the Final Order approving the previously announced plan of arrangement (the " Arrangement ") with Tombador Iron Limited ( ASX: TI1 ) ( "Tombador ") under the Business Corporations Act (British Columbia), which will result in GoviEx becoming a wholly-owned subsidiary of Tombador on closing of the Arrangement. As previously announced, the Arrangement was approved by GoviEx shareholders, warrantholders, and optionholders (collectively, the " GoviEx Securityholders ") at a special meeting of GoviEx Securityholders held on October 24, 2025.

Closing of the Arrangement remains subject to satisfaction of certain closing conditions set forth in the amended and restated arrangement agreement between GoviEx and Tombador dated as of September 5, 2025. Assuming that the conditions to closing are satisfied or waived, it is currently expected that the Arrangement will be completed and closed on or about November 12, 2025. Accordingly, it is expected that GoviEx's last trading day on the TSXV will be November 10, 2025 and on the OTCQB on November 11, 2025, with trading on the ASX as Atomic Eagle forecast to commence on November 18, 2025.

Further information about the Arrangement can be found in GoviEx's management information circular dated September 10, 2025 and related continuous disclosure documents, which are available on SEDAR+ ( ).

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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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