Global Atomic announced today its operating and financial results for the year ended Dec 31, 2021. HIGHLIGHTS Dasa Uranium Project The Company issued its Dasa Project, Phase 1, Feasibility Study, based on multiple trade-off studies and pilot plant campaigns. The Feasibility Study reported a maiden reserve for the Dasa Project of 4.1 million tonnes [...]
Global Atomic is pleased to provide an update on the Dasa Uranium Project and the drilling programs in the Niger, its zinc business in Turkey and Corporate activity as of mid-February 2022. Highlights: Dasa Uranium Project Project development on schedule The Box Cut location has been drilled and blasted, muck removal underway Surface infrastructure [...]
Global Atomic Corp. provides this initial report on the Company's 15,000-meter drill program that commenced September 2021 at the Dasa Project. The program at Dasa was designed to follow up on previously discovered uranium mineralization proximal to Zone 3 of the current Feasibility Study Phase I Mine Plan and has succeeded in extending Zone 3 with [...]
Global Atomic Corp. reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey, following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira. As a matter of course, BST regularly repatriates a portion of its revenue from U.S. dollars to Turkish [...]
Global Atomic Corp. reports that it has published and filed the recently announced NI 43-101 compliant, Phase 1 Dasa Project Feasibility Study . The Study confirms that the Project is economically compelling, even at a price of US$35/lb U3O8. Based on the Study, the strong uranium market and anticipated uranium supply deficits, the Board of [...]
Global Atomic Corp. is pleased to provide an update on the considerable progress being made at its Dasa Uranium Project in the Republic of Niger. President and CEO, Stephen G. Roman, commented, "The Dasa Project is fully permitted and, based on our Feasibility Study results announced last month, is economically viable at a base price assumption of [...]
Global Atomic Corp. is pleased to announce that it has closed its previously announced "bought deal" private placement for gross proceeds of C$35.0 million. Due to significant investor demand, the Offering was upsized from its original gross proceeds of C$25.0 million. Under the Offering, the Company sold 8,750,000 units of the Company at a price [...]
Global Atomic Corp. is pleased to announce that due to significant demand, the Company and Red Cloud Securities Inc., as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , have agreed to increase the size of the previously announced private placement from C$25.0 million to C$30.0 million. Under the revised Offering, the [...]
Global Atomic Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase for resale 6,250,000 units of the Company at a price of C$4.00 per Unit on a "bought deal [...]
Feasibility Study Confirms PEA Project Capital and Lowest-Quartile Operating Costs All monetary amounts are in U.S. dollars, unless otherwise indicated. Global Atomic Corp. , announced today the results of the Phase 1 Dasa Project Feasibility Study for the Company's Dasa Uranium Project in the Republic of Niger. The Study confirms that the Project [...]
Dasa Uranium Project Feasibility Study Nears Completion - Stronger Uranium and Zinc Prices Improve Outlook All monetary amounts are in Canadian dollars unless otherwise indicated. Global Atomic Corp. announced today its operating and financial results for the three and nine months ended September 30, 2021. HIGHLIGHTS Dasa Phase 1 Uranium Project in [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Uranium, Strategic and Precious Metals Investor Conference are now available for [...]