Global Atomic Corp.

Global Atomic Corp. , will webcast its Annual General & Special Meeting of Shareholders on Thursday, June 23, 2022 at 10:30 a.m. . Again this year, the AGSM will be held in a virtual-only format via a live audio webcast at https://virtual-meetings.tsxtrust.com/1117. Registered shareholders and duly appointed proxyholders who participate in the AGSM online will be able to listen to the proceedings, ask questions and vote [...]

Global Atomic Corp. is pleased to announce that the Company has now received Letters of Intent from a banking syndicate to finance the Dasa Uranium Project in Niger. The syndicate is comprised of North American financial institutions and includes the previously announced indication from Export Development Canada. The names of all members of the syndicate will be named following further due diligence and board approvals by [...]

Global Atomic Corp. is pleased to advise that it has received a Letter of Intent for the procurement of uranium from a major North American utility. The award follows a comprehensive due diligence process conducted by the utility, and reflects the confidence the fuel buyers have in the Dasa operation. HIGHLIGHTS The award defines the supply of 2.1 million pounds U3O8 over a six-year period commencing in 2025, representing [...]

Dasa Uranium Project Fully Permitted and On Schedule for Development and Financing Global Atomic Corp. , announced today its operating and financial results for the three months ended March 31, 2022. HIGHLIGHTS Dasa Uranium Project In Q4 2021, the Company began a 15,000-meter drill program at the Dasa Project with three objectives: Conduct infill drilling to upgrade some of the extensive Inferred Resources to Indicated [...]

Global Atomic Corp. , is pleased to report the latest corporate developments including drilling results and project financing progress. Stephen G. Roman, President and CEO commented, "Global Atomic continues to move forward on developing and expanding the Dasa Project. The recent drilling continues to enhance what is already the largest, highest-grade uranium deposit under development in Africa. We continue to receive [...]

Global Atomic announced today its operating and financial results for the year ended Dec 31, 2021. HIGHLIGHTS Dasa Uranium Project The Company issued its Dasa Project, Phase 1, Feasibility Study, based on multiple trade-off studies and pilot plant campaigns. The Feasibility Study reported a maiden reserve for the Dasa Project of 4.1 million tonnes grading 5,267 ppm for a total of 47.2 million pounds U3O8. The Feasibility [...]

Global Atomic is pleased to provide an update on the Dasa Uranium Project and the drilling programs in the Niger, its zinc business in Turkey and Corporate activity as of mid-February 2022. Highlights: Dasa Uranium Project Project development on schedule The Box Cut location has been drilled and blasted, muck removal underway Surface infrastructure construction continues, including warehouse and maintenance shop [...]

Global Atomic Corp. provides this initial report on the Company's 15,000-meter drill program that commenced September 2021 at the Dasa Project. The program at Dasa was designed to follow up on previously discovered uranium mineralization proximal to Zone 3 of the current Feasibility Study Phase I Mine Plan and has succeeded in extending Zone 3 with additional high-grade mineralization . Approximately 6,000 meters have [...]

Global Atomic Corp. reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey, following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira. As a matter of course, BST regularly repatriates a portion of its revenue from U.S. dollars to Turkish lira to cover operating costs related to items such as salaries and [...]

Global Atomic Corp. reports that it has published and filed the recently announced NI 43-101 compliant, Phase 1 Dasa Project Feasibility Study . The Study confirms that the Project is economically compelling, even at a price of US$35/lb U3O8. Based on the Study, the strong uranium market and anticipated uranium supply deficits, the Board of Directors have made a production decision to proceed with the Dasa Project. The [...]