Global Atomic Corp. , is pleased to announce the signing of a drill contract with Foraco Niger S.A. , for a 15,000 meter core drilling program beginning in September, 2021, at its Dasa Project in the Republic of Niger, West Africa. The drill program is focused on upgrading the extensive "Indicated and Inferred" resources at Dasa to the "Measured [...]
Highlighting Significant Progress on its Dasa Uranium Project and a Positive Outlook for its Zinc Recycling Business Global Atomic Corp. , announced today its operating and financial results for the year ended December 31, 2020. HIGHLIGHTS Dasa Uranium Project A Preliminary Economic Assessment of the Phase 1 Development Plan for the Dasa Uranium [...]
Global Atomic Corp. is pleased to report on the successful completion of a Pilot Plant Program demonstrating the viability of the uranium recovery process detailed in the May 2020 Preliminary Economic Assessment for the Dasa Project located in the Republic of Niger, West Africa. The Pilot Plant was erected in August 2020 within the Process Research [...]
Global Atomic Corp. is pleased to announce that it has closed its previously announced "Bought Deal" private placement, including full exercise of the over-allotment option, for gross proceeds of C$12,500,000 . Under the Offering, the Company sold 6,250,000 units of the Company at a price of C$2.00 per Unit . The Units were sold through a syndicate [...]
Global Atomic Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. pursuant to which Red Cloud, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters shall purchase for resale 5,000,000 units of the Company at a price of C$2.00 per Unit on a "bought deal" private placement [...]
Global Atomic Corp. , is pleased to announce it has entered into an Agreement with Fuel Link Limited , to provide uranium marketing services to the Company. Fuel Link was founded by Mr Bahi Sivalingam in 2005, subsequent to his departure from Rio Tinto Plc. While at Rio Tinto, Bahi was a Board member and Marketing Director of Rio Tinto Mineral [...]
Global Atomic Corp. , announced the exercise of all common share purchase warrants issued pursuant to the Company's Unit private placement of May 2020 and accelerated expiry date announced January 21, 2021. A total of 2,769,167 Investor warrants and 149,000 Finder's warrants were exercised for proceeds of C$2,453,000. The Company now has [...]
Global Atomic Corp. , announced that the Government of the Republic of Niger has issued an Environmental Compliance Certificate for the Dasa Uranium Project. The Company has also received three-year permit extensions for each of its six Exploration properties in Niger, all of which have seen substantial exploration programs in the past. President [...]
Global Atomic Corp. , announced the acceleration of the expiry date of common share purchase warrants issued pursuant to the Company's Unit private placement of May 2020. Units consisted of one common share and one-half common share purchase warrant exercisable at C$0.85 for a period of two years from closing, Finder's warrants issued pursuant to [...]
Global Atomic Corp. , is pleased to announce year end results for its Turkish joint venture. In 2020, the operations processed 68,840 tonnes of electric arc furnace dust and shipped 38.4 million pounds of zinc contained in Waelz oxide concentrates. Overall operating results for the 4th quarter and the year are summarized as follows: Cdn $ '000 3 [...]
All dollar amounts are in Canadian dollars unless otherwise stated. 2020 was a year we will all remember. For everyone it was a year of coping with the pandemic and we salute everyone's efforts to stay healthy and keep spirits high. It was great to see so many individuals rise to the challenges and work tirelessly on the front lines to help others [...]
Global Atomic Corp. , is pleased to announce The Presidential Decree granting the Mining Permit has been approved by the Council of Ministers for the Company's Dasa Uranium Project. President & CEO of Global Atomic, Stephen G. Roman, stated, "We are excited to report the receipt of a Mining Permit for the Company's flagship discovery, Dasa, and [...]