Global Atomic Corp.

 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 mining projects in the Agadez Region of northern Niger. The high-level [...]

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 Dasa Project. The MRE includes the results of a 16,000-meter drill program [...]

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 beyond Niger's borders. Stephen G. Roman, President and CEO commented, "With [...]

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, and uranium production from Dasa has increased by 55% to 68.1 million [...]

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 artisanal miners in the country, is being legally declared to the [...]

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 million lbs over the five-year agreement. Today's earlier news release stated [...]

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 Dasa Project in the Republic of Niger. This is the third such agreement [...]

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. ; ; is pleased to announce the closing of its non-brokered private placement announced December 18, 2023. The Investment was oversubscribed and consists of 6,000,000 units of the Company at a price of [...]

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. is pleased to announce a non-brokered private placement of 6,000,000 units of the Company at a price of C$2.50 per Unit for aggregate gross proceeds of C$15 million dollars. The Company has entered into a [...]

Global Atomic Corp. announced today that further to the filing of a base shelf prospectus November 21, 2023 it has established an At-The-Market equity program which will allow the Company to issue, at its discretion, common shares of the Company having an aggregate offering price of up to C$50 million to the public from time to time through Cantor Fitzgerald Canada Corporation and Canaccord Genuity Corp. . Distributions [...]