TORONTO, May 28, 2018 -- Global Atomic Corp. , is pleased to announce its operating results for the 3 months ended March 31, 2018. Highlights of these results are as follows: Net income for Q1 2018 was $3.7 million, up from $2.4 million in Q1 2017. A drill program to test the Flank Zone area of the DASA deposit was initiated in January 2018, with [...]
TORONTO, May 18, 2018 -- Global Atomic Corp. , has filed a Business Acquisition Report on Sedar in connection with its acquisition of Global Atomic Fuels Corporation on December 22, 2017, pursuant to a review of the acquisition by the Ontario Securities Commission. This Business Acquisition Report was required to be filed on or before March 7 [...]
TORONTO, May 07, 2018 -- Global Atomic Corp. , is pleased to announce continuing positive results from its 2018 DASA Uranium Project drill program in the Republic of Niger, West Africa and a record zinc production year from its Zinc operations in Iskenderun, Turkey. 3D Model : DASA Open Pit and Underground Resources Model With Planned Drilling [...]
TORONTO, April 05, 2018 -- Global Atomic Corp. is pleased to report continued excellent drill results, including “offscale” intercepts in the Flank Zone area of the DASA deposit . The values indicated below include sections that are at the maximum level of the gamma probe. Chemical assaying will be required to ascertain the true uranium [...]
TORONTO, April 02, 2018 -- Global Atomic Corp. , regretfully announces the passing of H. Douglas Scharf, a member of the Board of Directors and chair of the Audit Committee. Mr. Scharf had a prolific mining career, contributing over 30 years to precious and base metals mining companies and projects in Canada and internationally. Mr. Scharf was [...]
Global Atomic is pleased to report initial gamma probe results from its current drill program at the DASA deposit in the Republic of Niger. Drilling recommenced at DASA at the end of January, 2018, following the successful merger with zinc producer, Silvermet Inc. The Company, now known as Global Atomic Corporation trades on the Toronto Venture [...]
Global Atomic is pleased to provide an update on the exploration and development program now underway at the Company’s 100% owned DASA deposit in the Republic of Niger, West Africa, as well as its Turkish zinc operations. Highlights: Commencement on January 22, 2018, of a 62 hole, 26,400 meter drill program focused on step out and infill drilling [...]
Silvermet is pleased to announce the completion of its previously announced amalgamation with Global Atomic Fuels and the subsequent consolidation of share capital and name change of Silvermet, all as approved at the Annual & Special Meetings of Shareholders of Global Atomic and Silvermet held September 29, 2017. Immediately prior to the [...]
Silvermet is pleased to announce that, pursuant to the previously announced amalgamation of Silvermet and Global Atomic Fuels Corporation and subsequent consolidation of share capital approved at each companies’ Annual & Special Meeting of Shareholders held September 29, 2017, Global Atomic Fuels is currently raising up to $3 million through the [...]
Silvermet is pleased to announce the results of its Annual & Special Meeting of Shareholders held on September 29, 2017. The Meeting was very well attended with over 50 people in attendance and 75% of issued and outstanding common shares represented in person or by proxy at the Meeting. The principal business of the Meeting was to seek [...]
Silvermet is pleased to announce that it has entered into a definitive agreement with Global Atomic Fuels pursuant to which Silvermet will acquire all of the outstanding common shares of Global Atomic by way of a “three-cornered amalgamation” and subsequently complete a share consolidation and corporate name change to create a high quality uranium [...]
Global Atomic Fuels is pleased to announce it has signed a Memorandum of Understanding with New AREVA, covering a number of key areas of cooperation, relating to Global Atomics’ high-grade DASA uranium project in the Republic of Niger. An Ore Sales Agreement to be negotiated between Global Atomic and New AREVA for the delivery of a minimum of [...]