Goviex Uranium Stock Price, News & Analysis

GoviEx Uranium (OTCQB: GVXXF) announced the Supreme Court of British Columbia granted the Final Order approving its plan of arrangement with Tombador Iron (ASX: TI1) on November 5, 2025.

The Arrangement, previously approved by GoviEx securityholders on October 24, 2025, will make GoviEx a wholly owned subsidiary of Tombador on closing, which is expected on or about November 12, 2025 subject to closing conditions in the amended arrangement agreement dated September 5, 2025. GoviEx's last TSXV trading day is expected to be November 10, 2025 and last OTCQB trading day November 11, 2025, with ASX trading as Atomic Eagle forecast to begin on November 18, 2025.

GoviEx Uranium (OTCQB: GVXXF) announced that GoviEx securityholders approved a court‑approved plan of arrangement with Tombador Iron (ASX: TI1) on October 24, 2025.

Key points: 98.7% of GoviEx shareholders and 99.2% of GoviEx securityholders voted in favour; Tombador shareholders previously approved the transaction and a name change to Atomic Eagle Ltd on October 8, 2025. Tombador will acquire all issued Class A common shares of GoviEx, creating an ASX‑listed uranium company focused on advancing the Muntanga Project in Zambia.

Next steps: a final court hearing is expected on November 5, 2025, and closing is targeted for mid November 2025, subject to final court order, regulatory approvals, and customary conditions.

GoviEx Uranium (OTCQB: GVXXF) announced that Tombador Iron shareholders approved all resolutions on October 8, 2025 required to complete a proposed reverse takeover by GoviEx.

Resolutions included issuance of consideration shares, replacement options, and a proposed change of name to Atomic Eagle Ltd. GoviEx plans a special meeting of its securityholders on October 24, 2025, and continues to target closing the Transaction in early November 2025, subject to GoviEx securityholder approval, regulatory and court approvals, and completion of Tombador's concurrent capital raising and ASX re-compliance listing.

GoviEx Uranium (OTCQB: GVXXF) reports progress on its proposed reverse takeover of Tombador Iron to create Atomic Eagle Ltd, an ASX-listed uranium developer. The PR states Tombador filed a prospectus with the Australian Securities and Investments Commission (ASIC).

The companies plan a Tombador shareholder vote on October 08, 2025 and a GoviEx special meeting of securityholders on October 24, 2025. Closing is targeted for early November 2025, subject to shareholder, securityholder, court and regulatory approvals and completion of Tombador's concurrent capital raising, the PR says.

GoviEx Uranium (OTCQB: GVXXF) has submitted its Environmental and Social Impact Assessment (ESIA) for the Muntanga Uranium Project in Zambia to the Zambia Environmental Management Agency (ZEMA). The submission follows ZEMA's no-objection response to the draft ESIA earlier this year.

The Muntanga Project is designed as a shallow open-pit, heap leach operation with a 12-year mine life. According to the Feasibility Study, the project has an after-tax NPV8% of $243 million and IRR of 20.8% at a uranium price of $90/lb U3O8. The ESIA approval process typically takes up to six months and is being reviewed alongside the project's Resettlement and Compensation Action Plan.

Additionally, GoviEx recently announced a reverse takeover with Tombador Iron Limited, which will result in the company's rebranding as Atomic Eagle Ltd and listing on the Australian Securities Exchange.

GoviEx Uranium (OTCQB: GVXXF) has filed management information materials for a special meeting on October 24, 2025, where securityholders will vote on a statutory plan of arrangement for Tombador Iron Limited's acquisition of all outstanding GoviEx shares.

The arrangement requires 66⅔% approval from both shareholders and securityholders, with over 40% of securities already committed through voting support agreements. Upon completion, GoviEx will become a wholly-owned Tombador subsidiary, with GoviEx shareholders owning 75% of the combined company.

The transaction includes a minimum A$5 million capital raising by Tombador, with the combined company expected to have A$19.4-24.4 million in cash post-completion. The deal is anticipated to close in November 2025, following court approval and other conditions.

GoviEx Uranium (OTCQB: GVXXF) has announced a six-month extension to the pause in arbitration proceedings with the Republic of Niger regarding the Madaouela Uranium Project. This extension follows a letter of intent from February 2025 that established a negotiation roadmap. While both parties demonstrate willingness to reach an amicable solution, there's no guarantee of a definitive agreement.

The company clarified that these proceedings and negotiations remain separate from GoviEx's recently announced reverse takeover of Tombador Iron Limited. The company commits to providing updates as discussions progress.

GoviEx Uranium (OTCQB: GVXXF) has provided an update on its proposed reverse takeover transaction with Tombador Iron Limited. The deal will create "Atomic Eagle Ltd", an ASX-listed uranium developer focused on advancing the Muntanga Project in Zambia. Upon closing, GoviEx shareholders will own 75% of Atomic Eagle, while Tombador shareholders will retain 25%.

Tombador will conduct a concurrent financing of A$5.0-10.0 million at A$0.28 per share, representing a 28% premium to GoviEx's current share price. The combined company will have cash balances between A$19.4-24.4 million. Over 40% of GoviEx securityholders have signed voting support agreements. The transaction is expected to close in early November 2025, pending approvals.

GoviEx Uranium (OTCQB: GVXXF) has announced a transformative reverse takeover of Tombador Iron Limited, resulting in the creation of a new ASX-listed company called Atomic Eagle. Through this arrangement, GoviEx shareholders will retain 75% ownership of the Combined Company, while gaining access to Tombador's A$10.4 million in cash reserves.

The transaction includes a concurrent financing of A$5.0-10.0 million, bringing total cash reserves to A$19.4-24.4 million. The deal will significantly improve the company's capital structure by reducing outstanding shares from 1.02 billion to 345.3 million. Notable additions include Matador Capital as cornerstone investor and Grant Davey joining as strategic advisor. The transaction, unanimously supported by insiders holding 27.6% of shares, is expected to close in early November 2025.