December 6, 2016 / 1:32 PM / 8 months ago

BRIEF-Goviex to increase Sprott-led private placement

1 Min Read

Dec 6 (Reuters) - Goviex Uranium Inc

* 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: Further company coverage:

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