GoviEx Uranium Terminates Common Share Lock-Up Structure

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 21, 2014) - Govind Friedland, Executive Chairman of GoviEx Uranium Inc. (CSE:GXU), announced today that the company's Board of Directors has agreed to exercise its right to terminate the lock-up structure for all of its common shares currently subject to contractual lock-up restrictions.

The lock-up restrictions will be removed on November 24, and as of that date, a total of 146,216,053 Goviex Class A common shares will be issued and outstanding and GoviEx will no longer have any common shares subject to contractual lock-up restrictions.

About GoviEx Uranium

GoviEx is a mineral resource company incorporated in British Columbia focused on the exploration and development of uranium properties. The company's principal objective is to become a significant uranium producer through the continued exploration and development of its Madaouela Project in Niger.

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