Global Atomic Corp.

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 Exchange under the symbol “GLO”. Global Atomic has begun a 30,000 meter drill [...]

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 at DASA to both expand the current deposit and prepare the first area for [...]

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 Amalgamation, Global Atomic completed a concurrent financing of $1.459 million [...]

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 issuance of up to 12 million Units under a brokered private placement led by [...]

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 disinterested shareholder approval for the proposed business combination transaction [...]

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 development company, Global Atomic Corporation.

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 100,000 tonnes of ore per annum from the Company’s wholly-owned DASA project to [...]

Silvermet is pleased to announce financial and operating results for Q1, 2017. The Iskenderun plant’s capacity utilization was 100% in Q1, 2017 compared to 38% in Q1, 2016. Higher plant utilization and zinc prices resulted in an increase in Silvermet’s equity income to $2,621,687 in Q1, 2017 from $209,908 in Q1, 2016, and net income in Q1, 2017 of $2,672,806 compared to $81,862 in Q1, 2016.