GoviEx Uranium Announces Results of Voting for the Election of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 2, 2015) - GoviEx Uranium Inc. (CSE:GXU) announced the results of voting by shareholders at the company's Annual General and Special Meeting held on Friday, June 26, 2015, for the election of the company's Board of Directors. All eight nominees listed in the management proxy circular dated May 14, 2015, were elected as directors by shareholders.

Changes to the board

GoviEx welcomed Christopher Wallace to the Board of Directors. Mr. Wallace has more than 35 years of banking and corporate finance experience. He previously served as the Managing Partner of Second City Capital Corporation, a US$100 million private equity and mezzanine loan fund. He also was the Chief Operating Officer of Canadian Maple Leaf Financial Corporation, a publicly traded Merchant Bank, until 1998 when he left the firm to set up Stirling Mercantile Corporation. Mr. Wallace has been a director of various boards, including Greening Donald Company Ltd., The Rockford Corporation, and Bennett Environmental Inc. He graduated from Queen's University, Ontario, Canada, with a BA Hons. in Economics.

William (Bill) Assini did not stand for re-election at the meeting.

"On behalf of the board and management, we thank Bill for his valuable contributions and guidance to the company during his four-year tenure as a director, and wish him the best in his future endeavours," said Govind Friedland, GoviEx's Executive Chairman.

"We also are pleased to have Christopher join our Board of Directors. He brings a wealth of corporate finance and banking experience that will be very beneficial to the future growth of our company."

About GoviEx Uranium Inc.

GoviEx is a Canadian mineral resource company whose principal objective is to become a significant uranium producer through the continued exploration and development of its Madaouela Project and its other uranium properties in Niger. Toshiba Corporation and Cameco Corporation are major shareholders of GoviEx.

Visit GoviEx's website at www.goviex.com.