Global Atomic Corp. , received a statement of claim today which was filed in the Ontario Superior Court of Justice on February 19, 2026 to commence a proposed class action lawsuit against the Company and its Chief Executive Officer. The plaintiff named in the statement of claim seeks an unspecified amount of damages for certain alleged misrepresentations made by the Company in its public disclosure during the period from [...]
Global Atomic Corp. announced today the closing of its previously announced "bought deal" public offering for gross proceeds of approximately C$28,750,000, which includes the exercise in full of the over-allotment option. Pursuant to the Brokered Offering, the Company sold 32,670,454 units of the Company at a price of C$0.88 per Unit . The Company also completed its previously announced non-brokered private placement for [...]
Global Atomic has been developing the Dasa Uranium Project in the Republic of Niger, Africa for several years. It has reported that it requires hundreds of millions in loans to complete the Project. Between Nov 10, 2023 and Nov 12, 2024, Global Atomic reported that the U.S. International Finance Corporation and Export Development Canada were willing to provide project financing subject to conditions set by the DFC's [...]
Global Atomic announced that, as a result of a review of the existing Technical Report for the DASA Project by the Ontario Securities Commission, the Company has filed an amended Technical Report for the DASA Project. The amendments to the Report consist of removing general disclaimer language in favour of the qualified persons; ensuring proper reliance on other experts by the qualified persons; and ensuring that one or [...]
Global Atomic is pleased to announce that in addition to the non-brokered private placement announced in the news release of the Company dated Jan 12, 2026, the Company has entered into an agreement with Red Cloud Securities, as lead underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 28,409,091 units of the Company at a price of C$0.88 per Unit on a "bought deal" basis for gross [...]
Global Atomic is pleased to announce a non-brokered private placement for gross proceeds of up to C$50 million from the sale of up to 56,818,182 units of the Company at a price of C$0.88 per Unit. Red Cloud Securities is acting as 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 thereof to purchase [...]
Global Atomic provided a summary of 2025 and its outlook for 2026. Stephen G. Roman, President and CEO of Global Atomic, stated, "As we close 2025 in Niger, we look back on a year of significant development at Dasa. We benefitted from strong government support. We had high regional excitement about the prosperity that Dasa has been delivering through job creation, the use of local contractors and our community engagement [...]
Global Atomic is pleased to provide an update on financing for the Company's Dasa Project and Management's recent visit to the Republic of Niger. The U.S. development bank has confirmed that funding for the Dasa Project was reviewed at a meeting of the Bank's Credit Committee and forwarded to the Investment Committee for review. Current guidance indicates next steps in the approval process will occur over the next two [...]
Global Atomic Corp. , announced today its operating and financial results for the quarter ended September 30, 2025. 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, 2025, on the Company's website at www.globalatomiccorp.com. Stephen G. Roman, President & CEO of Global Atomic, commented [...]
Global Atomic Corp. is pleased to announce the closing of its previously announced "bought deal" public offering for gross proceeds of C$37,070,276, which includes the partial exercise of the over-allotment option exercisable in whole or in part, at any time for a period of up to 30 days after and including the closing date of the Offering for gross proceeds of C$2,070,036. Pursuant to the Offering, the Company sold [...]
Global Atomic is pleased to announce that due to significant investor demand, the Company and Red Cloud Securities, as sole underwriter and bookrunner, has agreed to increase the gross proceeds of its previously announced "bought deal" public offering from C$20,000,580 to C$35,000,240. Pursuant to the upsized Underwritten Offering, Red Cloud has agreed to purchase for resale 56,452,000 units of the Company at a price of [...]
Global Atomic is pleased to announce that the Company has entered into an agreement with Red Cloud Securities, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase for resale 32,259,000 units of the Company at a price of C$0.62 per Unit on a "bought deal" basis in a public offering for gross proceeds of C$20,000,580. Each Unit will [...]
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