GoviEx to sell Mali subsidiary to AEM

Uranium explorer and developer GoviEx Uranium has entered into a $5.5-million agreement with African Energy Metals (AEM) for the latter to acquire all of the issued and outstanding shares of GoviEx’s wholly-owned Malian subsidiary Delta Exploration Mali.

Delta holds three contiguous exploration licences – Falea, Bala and Madini – in Mali, known collectively as the Falea project.