GoviEx Uranium Inc. announce the appointment of Ms. Allison Fedorkiw to its board of directors ("Board"). Ms. Allison Fedorkiw is an established leader with a strong record in social impact management in the natural resource sector, having worked on projects in Canada, Latin America, and West Africa, leading teams in developing and implementing resettlement action plans, social baselines, environmental and social management systems, and social management plans. Ms. Fedorkiw is the founder and principal consultant of Human Ecology Consulting Global Inc. The Company also announces that Mr. David Cates has stepped down from GoviEx's Board to dedicate more time to his other extensive commitments and responsibilities with Denison Mines Corp.

Mr. Cates has served as a director of the Company for over seven years, following Denison's investment in GoviEx in 2016. Mr. Cates dedication, knowledge, and leadership have been invaluable to the Company during his term as a director. Denison remains a sizeable shareholder in GoviEx, and Mr. Cates will continue to support GoviEx as a consultant going forward.