Global Atomic Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to C$15,000,000 from the sale of up to 11,111,111 units of the Company at a price of C$1.35 per Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. Each Unit will consist of one common share of the Company and [...]
Global Atomic Corp. , reports that the presentation of the debt financing facility to the Credit Committee of a U.S. Development Bank has been postponed to August. The Bank decided not to bring this project to the Credit Committee in July, citing a need to answer and confirm additional questions. With approval by the Credit Committee postponed [...]
Global Atomic Corp. today announced shareholder voting results from the Annual General and Special Meeting of Shareholders held June 26, 2024. A total of 105,156,925 common shares representing 50.2% of the common shares outstanding as of the Record Date; May 13, 2024 were voted. Directors were elected to the Board as per the voting results in the [...]
Global Atomic Corp. , today provided an update on its financing and development of the Dasa Uranium Project in the Republic of Niger, including: Updates on the approaches made to the Company to finance the development of the Dasa Project and timeline for the approval of the proposed US$295 million debt financing facility led by a US development [...]
Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corp. , announced today its operating and financial results for the quarter ended March 31, 2024. For more detail please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three months ended March [...]
Global Atomic Corp. , is pleased to report that on May 3, 2024, Niger's Mines Minister, Commissaire Colonel Ousmane Abarchi, joined local dignitaries, including the Agadez Region Governor and local community authorities as well as SOMIDA employees for a tour the Dasa Project. The visit was part of the Minister's tour of significant exploration and [...]
Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corp. , announced today its operating and financial results for the year ended December 31, 2023. HIGHLIGHTS Dasa Uranium Project - Mineral Resource Estimate On May 23, 2023, the Company announced the completion of an updated Mineral Resource Estimate for the [...]
Global Atomic Corp. , reports that the Republic of Niger announced its intention to terminate its military cooperation agreement with the United States, which has a large military base in Niger. It remains unclear if a withdrawal of US troops will be required by Niger, as the US military base is used to patrol a larger section of the Sahel region [...]
All monetary amounts are in U.S. dollars, unless otherwise indicated. Global Atomic Corp. announced today the results of the updated Dasa Project Feasibility Study replacing the previous Phase 1 Feasibility Study . The 2024 Study has extended the Dasa Mine Life from 12 to 23 years, Mineral Reserves have increased by 50% to 73 million pounds U3O8 [...]
Global Atomic Corp. is issuing this clarification notice to ease concerns raised by some of its shareholders about a recent announcement by the Mines Ministry in the Republic of Niger to suspend grants of new permits. The original notification by the Mines Ministry addresses concerns, that not all the gold mined by the large number of small-scale [...]
Global Atomic Corp. corrected the U3O8 off-take sales quantity in today's earlier news release. Global Atomic has formalized the Letter of Intent announced in October 2023 by signing a Definitive Agreement for the sale of up to 700,000 lbs uranium per annum from the Company's Dasa Project in the Republic of Niger. This would represent up to 3.5 [...]
Global Atomic Corp. announced today several corporate updates as the Company advances its Dasa uranium project in the Republic of Niger. Completion of Third Off-Take Agreement Global Atomic has formalized the Letter of Intent announced in October 2023 by signing a Definitive Agreement for the sale of 350,000 lbs uranium per annum from the Company's [...]
