Dual-listed GoviEx Uranium has closed the first tranche of a fully subscribed nonbrokered private placement to raise gross proceeds of about C$5-million. “The [uranium oxide] spot price is up over 30% from the beginning of this year and we are delighted by the strong support received from our lead institutional investor, as well as other long-term shareholders seeking exposure to our quality pipeline of mineral projects,” says GoviEx executive chairperson Govind Friedland.
