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 [...]
Global Atomic Corp. today announced that it has filed a preliminary short form prospectus with the securities commissions in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, in connection with an overnight marketed public offering of units of the Company . The Offering is expected to be completed pursuant to an [...]
Global Atomic Corp. , is pleased to provide its outlook for 2023 as well as inform shareholders of an update to its 2021 Phase 1 Feasibility Study completed for the Dasa Project located in the Republic of Niger . 2023 will be a pivotal year for the Dasa Project as we continue to advance towards production with the following objectives: Continue [...]
Global Atomic Corp. , is pleased to announce the Company's fourth update on the completed 16,000-meter drill program at the Dasa Project in the Republic of Niger, including an interim result of chemical assays completed to date. HIGHLIGHTS Hole ASDH 609 returned 43.6m @ 30,581 ppm eU3O8 from 549.2m Incl. 3.40m @ 74,854 ppm eU3O8 from 550.3m and [...]
Global Atomic Corp. , announced today its operating and financial results for the three and nine months ended September 30, 2022. HIGHLIGHTS Dasa Uranium Project In September, the Company completed a 15,000-meter drill program at its Dasa Project that began in Q4 2021, which due to its success was expanded to include another 1,000 meters [...]
Global Atomic Corp. , is pleased to announce that underground development has officially commenced at the Dasa Uranium Project in the Republic of Niger. On November 5, 2022, Global Atomic hosted over 800 people for the Opening Blast Ceremony at the Dasa Mine which marks a significant milestone towards producing yellowcake for delivery to utilities [...]
Global Atomic Corp. , is pleased to advise that it has received a Letter of Intent from a second major western utility for the procurement of uranium from the Company's Dasa Project in the Republic of Niger. HIGHLIGHTS The LOI represents the supply of up to 2.4 million pounds U3O8 within a multi-year delivery window beginning in 2025, representing [...]
