Global Atomic Corp.

Global Atomic Corp. , announced today its operating and financial results for the year ended December 31, 2024. For more detail, please refer to the Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2024, on the Company's website at www.globalatomiccorp.com. Global Atomic President and CEO, Stephen G. Roman commented, "Until a financing commitment is signed, the [...]

Global Atomic Corp. is pleased to provide an update on recent activities at the Company and the Dasa Uranium Project in the Republic of Niger. NIGER UPDATE At the African Mining Indaba Conference held in Cape Town last week, the Company held several important meetings with Niger's Mines Minister Abarchi, who was present at the largest mining conference in Africa, promoting his Country to attract potential investors [...]

Global Atomic Corp. is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of C$35,600,000. The Company sold 44,500,000 units of the Company at a price of C$0.80 per Unit. Red Cloud Securities Inc. and Canaccord Genuity Corp. acted as finders in connection with the Offering. Each Unit consists of one common share of the Company and one common share purchase warrant [...]

Global Atomic Corp. is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement from C$30,000,000 to C$36,000,000. Under the revised Offering, the Company will sell up to 45,000,000 units of the Company at a price of C$0.80 per Unit. Red Cloud Securities Inc. and Canaccord Genuity Corp. are acting as finders [...]

Global Atomic Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to C$30,000,000 from the sale of up to 37,500,000 units of the Company at a price of C$0.80 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 one common share purchase warrant . Each Warrant will entitle the holder [...]

Global Atomic Corp. , is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic. Based on the 2024 Feasibility Study, the Dasa Mine is expected to produce 68.1 million pounds of U3O8 over the operation's current 23-year mine plan. This [...]

Global Atomic Corp. , is pleased to provide a year-end update. 2024 has been a year of significant progress in the face of significant challenges. Global Atomic has continued pre-production development at the high-grade Dasa Uranium Mine in the Republic of Niger and is targeting Q1 2026 for first production. The geopolitical situation in Niger continues to improve as the Government moves forward with its reform agenda and [...]

Global Atomic Corp. , announced today its operating and financial results for the quarter ended September 30, 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three and nine months ended September 30, 2024, on the Company's website at www.globalatomiccorp.com. Q3 2024 HIGHLIGHTS Dasa Uranium Project - Mine Development [...]

U.S. Development Bank Confirms Schedule for Dasa Funding Approval Global Atomic Corp. , is pleased to provide an update on its Dasa Project in the Republic of Niger. Dasa is the highest-grade uranium deposit in Africa surpassed only by grades found in Canada's Athabasca Basin and is scheduled to achieve commercial production in early 2026. PROJECT FINANCING As indicated by the U.S. development bank with whom the Company [...]

Global Atomic Corp. today announced that it has completed its previously announced public offering for gross proceeds of C$40,250,460, which included the full exercise of the over-allotment option . The Offering was conducted through a syndicate of underwriters that included Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Canaccord Genuity Corp. . Under the Offering, the Company issued 33,542,050 [...]