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GoviEx Uranium Inc. (TSXV: GXU,OTC:GVXXF) (OTCQB: GVXXF) (“GoviEx” or the “Firm”) is happy to announce the completion of its beforehand introduced plan of association (the “Association”) with Tombador Iron Restricted (ASX: TI1) (“Tombador”), below the Enterprise Firms Act (British Columbia), leading to GoviEx turning into a wholly-owned subsidiary of Tombador and forming a uranium exploration and growth firm which is anticipated to be re-instated on or about November 20, 2025 on the official listing of the Australian Securities Change below the title Atomic Eagle Ltd. with as ticker image AEU.
The Association was permitted by GoviEx shareholders, warrantholders, and optionholders (collectively, the “GoviEx Securityholders“) at a particular assembly (the “Assembly“) of GoviEx Securityholders held on October 24, 2025. The association was permitted by roughly 98.7% of the votes solid by GoviEx shareholders current in individual or represented by proxy and entitled to vote on the Assembly, and 99.2% of the votes solid by all GoviEx Securityholders, voting as a category and current in individual or represented by proxy and entitled to vote on the Assembly, far exceeding the required two-thirds majority. The ultimate courtroom order from the Supreme Courtroom of British Columbia was acquired on November 5, 2025.
Pursuant to the Association, every holder of a GoviEx frequent share (a “GoviEx Share“) is entitled to obtain 0.2534 fully-paid peculiar shares within the capital of Tombador in change for every GoviEx Share held (“Consideration Shares“). The Association additionally gives for the issuance of alternative choices of Tombador to GoviEx optionholders and warrantholders on equal financial phrases (“Alternative Choices“).
GoviEx Shares are anticipated to be delisted from the TSX Enterprise Change and the OTCQB Enterprise Market efficient on the shut of enterprise on November 14, 2025. The Firm may also apply to stop to be a reporting issuer in all jurisdictions of Canada the place it’s at present a reporting issuer.
Additional particulars concerning the Association can be found in GoviEx’s administration info round dated September 10, 2025, which is on the market on SEDAR+ (www.sedarplus.ca).
Registered shareholders of GoviEx are reminded to finish and return the letter of transmittal, along with their share certificates(s) or direct registration system recommendation(s), to Computershare Investor Companies Inc. (the “Depositary“) to be able to obtain the consideration below the Association. Non-registered shareholders ought to contact their brokers or custodians for help in submitting their shares and receiving the brand new Tombador shares. Holding statements will likely be issued to every new holder of Consideration Shares. Holding statements for Alternative Choices may also be delivered to GoviEx optionholders and warrantholders.
If any registered shareholder of the Firm has questions concerning the letter of transmittal, please contact the Depositary toll-free at 1-800-564-6253 (North America) or 1-514-982-7555 (exterior North America), or through electronic mail at corporateactions@computershare.com.
Neither the TSX Enterprise Change nor its Regulation Companies Supplier accepts duty for the adequacy or accuracy of this launch.
About GoviEx Uranium Inc.
GoviEx (TSXV: GXU,OTC:GVXXF) (OTCQB: GVXXF), is a mineral useful resource firm targeted on the exploration and growth of uranium properties in Africa. GoviEx’s principal goal is to develop into a major uranium producer by means of the continued exploration and growth of its mine-permitted Muntanga Undertaking in Zambia.
Cautionary Assertion Relating to Ahead-Wanting Info
This information launch might comprise “forward-looking info” and “forward-looking statements” (collectively “forward-looking statements”) inside the that means of relevant securities legal guidelines. All info and statements apart from statements of present or historic information contained on this information launch are forward-looking info. Ahead-looking statements are topic to varied dangers and uncertainties regarding the particular elements disclosed right here and elsewhere in GoviEx’s periodic filings with Canadian securities regulators. When used on this information launch, phrases reminiscent of “will”, “may”, “plan”, “estimate”, “anticipate”, “intend”, “might”, “potential”, “ought to,” and related expressions, are forward-looking statements. Info offered on this doc is essentially summarized and will not comprise all obtainable materials info. Ahead-looking statements on this announcement embody however should not restricted to, statements concerning: the anticipated timetable; consequence and results of the Association and issues associated thereto, together with the delisting of GoviEx’s shares from the TSX Enterprise Change and the OTCQB Enterprise Market, GoviEx’s utility to stop to be a reporting issuer and re-admission of Tombador’s peculiar shares to the official listing of the Australian Securities Change (“ASX“) below the title Atomic Eagle Ltd. Though GoviEx believes the expectations mirrored in such forward-looking statements are primarily based on affordable assumptions, it can provide no assurances that its expectations will likely be achieved. Such assumptions, which can show incorrect, embody the next: (i)Tombador will be capable of fulfill ASX necessities for re-admission to the official listing on the ASX; (ii) Tombador will change its title to Atomic Eagle Ltd.; (iii) GoviEx’s shares will likely be delisted from the TSX Enterprise Change and the OTCQB Enterprise Market on November 14, 2025; (iv) the plans and methods of GoviEx and Tombador; (v) the longer term efficiency of Atomic Eagle Ltd; (vi) that the present uranium upcycle will proceed and broaden; (vii) that the combination of nuclear energy into energy grids worldwide will proceed as a clear power different; and (viii) that the worth of uranium will stay sufficiently excessive and the prices of advancing GoviEx’s mining initiatives will stay sufficiently low in order to allow GoviEx to implement its enterprise plans in a worthwhile method. Components that would trigger precise outcomes to vary materially from expectations embody: (i) the chance that Tombador’s peculiar shares should not re-admitted to the official listing of the ASX, below the title Atomic Eagle Ltd or in any respect; (ii) the failure to comprehend the anticipated advantages of the Association; (iii) the shortcoming of the Firm to conduct its deliberate exploration program for any purpose; (iv) the shortcoming of the Firm to lift financing for Muntanga for any purpose; (v) a regression within the uranium market worth; (vi) an incapability or unwillingness to incorporate or improve nuclear energy technology by main markets; (vii) potential delays as a consequence of new or ongoing well being or environmental restrictions; (viii) the failure of GoviEx’s initiatives, for technical, logistical, labour-relations, political, or different causes; (ix) a lower within the worth of uranium beneath what is important to maintain GoviEx’s or Tombador’s operations; (x) a rise in GoviEx’s or Tombador’s working prices above what is important to maintain their operations; (xi) accidents, labour disputes, or the materialization of comparable dangers; (xii) a deterioration in capital market situations that stops GoviEx or Tombador from elevating the funds they require on a well timed foundation; (xiii) political instability within the jurisdictions the place GoviEx operates; and (xiv) usually, GoviEx’s or Tombador’s incapability to develop and implement a profitable marketing strategy for any purpose. As well as, the elements described or referred to within the part entitled “Threat Components” within the MD&A for the yr ended December 31, 2024, in addition to the Annual Info Kind for the yr ended December 31, 2024, of GoviEx, which can be found on the SEDAR+ web site at www.sedarplus.ca, needs to be reviewed at the side of the knowledge discovered on this information launch. Though GoviEx has tried to establish essential elements that would trigger precise outcomes, efficiency, or achievements to vary materially from these contained within the forward-looking statements, there may be different elements that trigger outcomes, efficiency, or achievements to not be as anticipated, estimated, or supposed. There may be no assurance that such info will show to be correct or that administration’s expectations or estimates of future developments, circumstances, or outcomes will materialize. On account of these dangers and uncertainties, no assurance may be on condition that any occasions anticipated by the forward-looking info on this information launch will transpire or happen, or, if any of them achieve this, what advantages GoviEx will derive therefrom. Accordingly, readers mustn’t place undue reliance on forward-looking statements. The forward-looking statements on this information launch are made as of the date of this information launch, and GoviEx disclaims any intention or obligation to replace or revise such info, besides as required by relevant legislation.
Cautionary Be aware to United States Individuals:
The disclosure contained herein doesn’t represent a proposal to promote or the solicitation of a proposal to purchase securities of GoviEx.
Protected Harbor Assertion below america Personal Securities Litigation Reform Act of 1995: Apart from the statements of historic truth contained herein, the knowledge introduced constitutes “forward-looking statements” inside the that means of the Personal Securities Litigation Reform Act of 1995. Such forward-looking statements together with however not restricted to these referenced above collectively as “forward-looking statements” below the “Cautionary Assertion Relating to Ahead-Wanting Info” contain identified and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, the efficiency or achievements of GoviEx to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. There may be no assurance that such statements will show to be correct as precise outcomes, and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/274275
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