Mr. Daniel Major reports

GOVIEX URANIUM AND THE REPUBLIC OF NIGER AGREE TO EXTEND ARBITRATION PAUSE

GoviEX Uranium Inc. and its wholly owned subsidiary, GoviEX Niger Holdings Ltd., have agreed with the Republic of Niger to extend the pause in the continuing arbitration proceedings under the ICSID Convention for a further six months.

This extension builds on the letter of intent signed in February, 2025, which set out a structured road map for negotiations regarding the Madaouela uranium project. While the parties have shown willingness to find an amicable solution, there is no certainty that negotiations will result in a binding and definitive agreement. Should the parties be unable to reach a resolution within the extended period, the arbitration proceedings may resume.

GoviEX will continue to provide timely updates as discussions progress. The arbitration and continuing negotiations are not affected by GoviEX's recently announced reverse takeover of Tombador Iron Ltd.

About GoviEX Uranium Inc.

GoviEX is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEX's principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted Muntanga project in Zambia.

We seek Safe Harbor.