GoviEx Uranium Inc. (TSXV:GXU) announced a non-brokered private placement of 32,000,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 8,000,000 on January 21, 2020. Each unit consists of one class A common share in the capital of the company and one transferable share purchase warrant. Each warrant will entitle the holder to acquire on exercise one common share until January 21, 2023, at a price of $0.30 (CAD 0.378648) per warrant share. All securities issued are subject to a four-month hold period and may not be traded before May 22, 2021. The company paid cash finder’s fees of approximately CAD 433,391 in the transaction. The transaction is subject to the final exchange acceptance. TSX Venture Exchange has accepted for filing documentation with respect to offering. The transaction included participation from nine places. The company paid finder’s fee of CAD 300,000 to Red Cloud Securities Inc. and CAD 133,391.31 to Spike Financial Services AB.