GoviEX Uranium continues work on RTO with Tombador Iron

Executive Summary

• GoviEX Uranium reports continued progress on its proposed reverse takeover of Tombador Iron Ltd., moving toward completion.
• Tombador Iron has filed its prospectus with ASIC and will hold a shareholder vote on Oct. 8, 2025.
• Pending approvals, the combined entity—Atomic Eagle Ltd.—is slated to close in early November 2025, creating an ASX‑listed uranium developer with a stronger balance sheet and a clear mandate for the Muntanga project in Zambia.

Key Details

• The reverse takeover was initially announced on Aug. 18, 2025 and amended/restated on Sept. 5, 2025.
• Tombador Iron Ltd. filed its prospectus with the Australian Securities and Investments Commission (ASIC).
• Tombador shareholders are scheduled to vote on the transaction at a meeting on Oct. 8, 2025.
• GoviEX will convene a special meeting of its shareholders, optionholders, and warrantholders on Oct. 24, 2025 to consider and approve the transaction.
• The transaction remains subject to shareholder, securityholder, court, and regulatory approvals, as well as completion of Tombador’s concurrent capital raising.
• Target closing date is early November 2025.
• Upon completion, the combined entity will be named Atomic Eagle Ltd., listed on the Australian Securities Exchange (ASX).
• The new structure aims to provide a strengthened balance sheet, simplified corporate governance, and an explicit focus on advancing the Muntanga uranium project in Zambia.

Notable Quotes

(No direct quotes provided in the release.)