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GoviEx appoints Endeavour Financial to advise on Madaouela financing solution

7th September 2021

By: Creamer Media Reporter

     

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TSX-V-listed GoviEx Uranium has appointed mining financial advisory firm Endeavour Financial to provide financial advisory services with respect to the Madaouela uranium project, in Niger.
 
“We look forward to working with Endeavour Financial in developing the optimum financing solution for the Madaouela project.

"Endeavour Financial provides a full service approach towards the financial advisory role, including support on debt advisory, offtake finance and technical and environmental guidance. [Its] record in mine financing and especially in developing jurisdictions including Africa speaks for itself and [the firm's] decision to work with GoviEx, I believe, underlines the quality of the Madaouela project. 

"We expect that, ultimately, production financing will be some combination of debt, royalties or streaming, and equity, with a focus on keeping the equity portion as low as possible,” GoviEx CEO Daniel Major comments.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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