Global Atomic Corp. , announced today its operating and financial results for the three and nine months ended September 30, 2023. Global Atomic President and CEO, Stephen G. Roman commented "Further to our Q2 2023 update regarding the Republic of Niger, a transition government is in place and includes a new Prime Minister and Cabinet, as well as the previous experienced staff in the Government Ministries. The Government [...]
Global Atomic Corp. , provided an update on the Dasa Project in the Republic of Niger. The United States of America, State Department today officially designated that a "Coup d'Etat" did occur in the Republic in Niger at the end of July 2023. This designation will put a temporary hold on US Development Bank financing pending visibility of a return to democratic elections. IMPACT ON GLOBAL ATOMIC Management has been [...]
Global Atomic Corp. , is pleased to announce that it has finalized a Letter of Intent for the sale of uranium from the Company's Dasa Project in the Republic of Niger. This is the third such agreement signed by the Company and brings our current contracted volume close to 1.5 million pounds U3O8 per annum over Dasa's initial five years of operation. HIGHLIGHTS The LOI represents the supply of up to 3.5 million pounds U3O8 [...]
Global Atomic Corp. , is pleased to announce that the Company has been included on the Toronto Stock Exchange rankings for the 30 best stock price performances over the last three years. The TSX30, established in 2019, is an annual ranking of the 30 top-performing stocks over a three-year period ending June 30, 2023, based on share price appreciation. Global Atomic President and CEO, Stephen G. Roman commented "We are [...]
Global Atomic Corp. , announced today its operating and financial results for the three and six months ended June 30, 2023. Global Atomic President and CEO, Stephen G. Roman commented "During Q2 2023, we took significant strides to advance the Dasa Project towards production. The mining team has extended the access ramp to reach the Dasa orebody as laid out in the Feasibility Study. Detailed engineering is nearing [...]
Global Atomic Corp. ; announced today that its entire team in the Republic of Niger is safe and that the Dasa Project remains fully engaged in opening up access to the ore body and preparing the plant site for construction. Stephen Roman, President & CEO of Global Atomic stated, "While the situation in Niger remains volatile and there has been protesting in some parts of the capital, the rest of the country remains calm [...]
Global Atomic Corp. announced today that its development of the Dasa Project continues to advance. Following the recent resignation of the President in Niger, the Company's Dasa Project remains unaffected other than the borders and airport have been temporarily closed which will interrupt our supply lines in the short term. As the safety and security of our employees in the capital of Niamey and at the Project site is of [...]
Global Atomic Corp. announced today that its development of the Dasa Project continues to advance and has been not affected by the activities of a group of militants in Niamey, the capital of Niger. Stephen G. Roman, President & CEO, stated, "The event in the capital early today involving a small group of militants had no impact on Global Atomic's activities nor the advancement of the Dasa Project by the Company's [...]
Global Atomic Corp. today announced shareholder voting results from the Annual General Meeting of Shareholders held June 28, 2023. Directors were elected to the Board as per the voting results in the table below: Director Nominee Votes For % Withheld % Tracey J. Arlaud 91,301,371 99.55 415,384 0.45 Asier Zarraonandia Ayo 91,304,171 99.55 412,584 0.45 Dean R. Chambers 90,933,304 99.15 783,451 0.85 Richard R. Faucher [...]
Global Atomic Corp. , is pleased to report on the continuing development of its Dasa Uranium Project in the Republic of Niger. Stephen G. Roman, President & CEO, stated, "The primary question investors ask is regarding the timing of a term sheet for our banking syndicate's Dasa Project loan facility. While this has been a much longer process than expected, the financing terms are in the final stage of completion, which [...]
Significant Conversion of Inferred to Indicated Expected to Impact Mineable Reserves Global Atomic Corp. , announced today that the Company has updated its Mineral Resource Estimate for its Dasa Project in the Republic of Niger. The new MRE was calculated by AMC Consultants, , of Perth, Western Australia, incorporating drill, probe and chemical assay data compiled from an extensive 16,000-meter drill program initiated in [...]
Dasa Uranium Project On Schedule to Produce Yellowcake in Q1 2025 Global Atomic Corp. , announced today its operating and financial results for the quarter ended March 31, 2023. HIGHLIGHTS Dasa Uranium Project The Company revised its Dasa Project, Phase 1, Feasibility Study which: confirmed a reserve for the Dasa Project of 4.1 million tonnes grading 5,267 ppm for a total of 47.2 million pounds U3O8. outlines an initial [...]