Brief: Goviex to increase Sprott-led private placement

GoviEx Uranium

06/12/2016 13:15

Dec 6 (Reuters) - Goviex Uranium Inc  GXU.V  
    * Goviex uranium-is increasing private placement announced 
nov 30 by 5 million units for offering of up to 35 million units 
at a price of c$0.10 per unit 
    * Goviex uranium inc- net proceeds from private placement 
will be used to fund continued exploration and development 
activities on company's assets 
    * Goviex uranium - co has option to increase size of private 
placement by up to 15%, for total maximum gross proceeds of up 
to c$4.025 million 
    * Goviex uranium inc - clients of sprott group of companies 
are now expected to subscribe for 25 million units of private 
placement 
    * Goviex to increase sprott-led private placement 
 
Source text for Eikon:  ID:nCCN4hvKqx  
Further company coverage:  GXU.V  
 
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