GoviEx Uranium Completes Arrangement with Tombador Iron Limited

Executive Summary

• GoviEx Uranium Inc. completed its previously announced plan of arrangement with Tombador Iron Limited, resulting in GoviEx becoming a wholly‑owned subsidiary of Tombador.
• Upon completion, Tombador will rename the combined entity “Atomic Eagle Ltd.” and seek re‑listing on the Australian Securities Exchange (ASX) around 20 Nov 2025 under ticker AEU.
• GoviEx shareholders receive 0.2534 Tombador ordinary shares per GoviEx share; option‑ and warrant‑holders will receive replacement Tombador options on equivalent economic terms.

Key Details

• Arrangement Approval:
• Approved by ~98.7 % of voting GoviEx shareholders and ~99.2 % of all security holders at the special meeting on 24 Oct 2025.

• Final BC Supreme Court order received 5 Nov 2025.

• Consideration to Shareholders:

• Each GoviEx common share converts into 0.2534 fully‑paid ordinary shares of Tombador (“Consideration Shares”).

• Replacement options for existing GoviEx option‑ and warrant‑holders will be issued on equivalent economic terms.

• Corporate Actions Post‑Arrangement:

• GoviEx shares to be delisted from the TSX Venture Exchange and OTCQB effective close of business 14 Nov 2025.

• GoviEx will apply to cease being a reporting issuer in all Canadian jurisdictions.

• Future Listing:

• The combined company is expected to be re‑instated on the ASX ≈20 Nov 2025 as “Atomic Eagle Ltd.” with ticker AEU.

• Shareholder Instructions:

• Registered shareholders must return transmittal letters and share certificates (or DRs) to Computershare Investor Services to receive Consideration Shares.

• Non‑registered holders should coordinate via brokers/custodians.

• Regulatory Notices:

• TSX Venture Exchange disclaims responsibility for the release’s accuracy.
• Standard forward‑looking statements and risk factor disclosures included.

Notable Quotes

(No direct quotes were provided in the release.)