TSX-V-listed GoviEx Uranium and its wholly owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap that details a mutually acceptable plan to negotiate a resolution to the ongoing dispute regarding the Madaouela uranium project in the country.

This roadmap letter formalises the recent discussions held during, and subsequent to, the 2025 Investing in African Mining Indaba conference, in Cape Town, South Africa, where both parties were said to have engaged in constructive negotiations aimed at finding an amicable resolution.

As part of this process, the companies have agreed to temporarily suspend the ongoing arbitration proceedings under the International Centre for Settlement of Investment Disputes Convention while discussions continue within the agreed framework.

This suspension will remain in place until a resolution is reached or until it is determined that no settlement is possible.

The companies have welcomed Niger’s resolve to engage in dialogue and say they remain committed to a negotiated outcome, however there is no certainty that the negotiations will result in a final binding and definitive agreement.

Should the parties be unable to reach a definitive resolution, the arbitration proceedings may resume accordingly.