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Construction of the Madaouela uranium mine: around 20 institutions selected to finance the project

13/01/2023
Source : ORISHAS FINANCE
Categories: Sectors

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GovieX Uranium ended the first phase of the process to find financial partners for the construction of the Madaouela uranium mine in Niger. The press release published on Monday, January 9, 2023 mentions that approximately 20 institutions have been selected.

Several uranium projects are under development in order to take advantage of the renewed interest in nuclear power currently underway around the world. To this end, the Canadian company GovieX has set out to produce the uranium mine in Madaouela. Indeed, according to the press release, the list of the 20 selected includes commercial banks, export credit agencies and development finance institutions. They will submit expressions of interest to allow GovieX and its financial advisor, the firm Endeavour Financial , to draw up a final list for due diligence pruned.

Pour ce fait, Daniel Major, PDG de Goviex Uranium affirme “nous consid rons les premiers r Summer sultats de la progression du financement du projet avec Endeavour comme très encourageants, ce qui, selon nous, souligne les résultats techniques et financiers positifs de l' étude de faisabilité et le fort potentiel de financement par emprunt du projet Madaouela ”.

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