Dasa Uranium Project On Schedule to Produce Yellowcake in Q1 2025 Global Atomic Corp. , announced today its operating and financial results for the year ended December 31, 2022. HIGHLIGHTS Dasa Uranium Project On April 19, 2022, the foundation for the debt portion of the financing for the Dasa Project was laid when the Company received a Letter of [...]
Global Atomic Corp. , is pleased to report on operations at its Turkish zinc recycling joint venture and its Dasa Uranium Project in the Republic of Niger. Turkish Zinc Recycling Joint Venture The zinc recycling plant in Iskenderun, Türkiye, has restarted production following the earthquakes earlier this year. Employees are relieved to be back at [...]
Global Atomic Corp. today announced the closing of its previously announced "bought deal" prospectus offering for gross proceeds of C$56,002,501, which includes exercise of the over-allotment option for proceeds of C$6,002,500. Due to significant demand, the Offering was upsized from its original gross proceeds of C$25.0 million. Red Cloud [...]
Global Atomic Corp. today announced that due to significant demand, the Company and Red Cloud Securities Inc. , as sole underwriter and bookrunner, have agreed to increase the size of the previously announced "bought deal" prospectus offering from C$25.0 million to C$50.0 million. Under the revised Offering, the Underwriter has agreed to purchase [...]
Global Atomic Corp. today announced that it has entered into an agreement with Red Cloud Securities Inc. , as sole underwriter and bookrunner, pursuant to which the Underwriter has agreed to purchase for resale 8,333,334 units of the Company at a price of C$3.00 per Unit on a "bought deal" basis by way of a short-form prospectus offering for gross [...]
Global Atomic Corp. announced today that the Company's joint venture, Befesa Silvermet Turkey , zinc production plant, is expected to resume operations in early March, following the earthquake of February 6, 2023. The BST plant sustained only minimal damage and following a thorough assessment, has been declared operational. The required local [...]
Global Atomic Corp. announced that the Appeals Court in Tahoua, Niger overturned and annulled all issues raised against the Company's Niger subsidiary, SOMIDA S.A. As the Dasa Project is of major importance to the economy of Niger, the Hearing was treated as a special case and resulted in an expedited ruling. SOMIDA did not cease underground [...]
Global Atomic Corp. announced today that further to its news release dated February 14, 2023 an appeal of the orders granted last week against the Company's Niger subsidiary, SOMIDA S.A., was heard today in the Appeals Court in Tahoua, Niger. It is anticipated that the court will issue its decision on the appeal shortly. Global Atomic also [...]
Global Atomic Corp. announced today that it has received notice that a local court in Agadez, Niger issued several orders against one of the Company's subsidiaries in Niger, Société Minere de DASA S.A. avec CA , in response to demands from certain local organizations. SOMIDA is a joint venture between the Company and the Republic of the Niger with [...]
Global Atomic Corp. , is pleased to announce that it has filed a final short form prospectus with the securities regulatory authorities in each of the provinces of Canada in relation to its previously announced overnight marketed public offering of units of the Company . Pursuant to the underwriting agreement between the Company and Red Cloud [...]
Global Atomic Corp. , confirmed that based on initial reports joint venture zinc recycling operation employees have been contacted and are physically unharmed. The plant appears to have received only minor damage due to this week's earthquake. At the time of the earthquake, the zinc operation was under a scheduled maintenance shutdown. As [...]
Global Atomic Corp. today announced the size and pricing of its previously announced overnight marketed public offering . The Company has entered into an underwriting agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Cormark Securities Inc. for the sale of 28,571,430 units of the Company at a price of C$3.50 per [...]
