Global Atomic Corporation

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Global Atomic Corporation

Global Atomic Corporation

@AtomicCorp

The Dasa Uranium Project scheduled to begin production in 2026 is the highest-grade uranium project in Africa; the Turkish Zinc JV provides positive cash flow.

TSX:GLO, OTCQX:GLATF, FWB:G12 เข้าร่วม Aralık 2018
144 กำลังติดตาม7.9K ผู้ติดตาม
Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
$GLO announces the closing of both its recently announced bought deal public offering and its non-brokered private placement that together raised gross proceeds of approximately C$72.5 million, primarily intended to advance the Dasa #Uranium Project. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Once our primary objective for 2026 of full funding for Dasa is in place, we intend to accelerate development to meet strengthening uranium demand. We expect our zinc recycling JV in Türkiye to perform well and pay dividends to $GLO and our JV partner. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
The U.S. development Bank has confirmed that funding for Dasa was reviewed by its Credit Committee and forwarded to the Investment Committee for review. We expect further updates from the Bank in the new year to confirm their review and approval timelines. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Global Atomic’s recently announced bought deal public offering closed today for gross proceeds of C$37M, including the partial exercise of the over-allotment option. We thank investors for supporting the continued development of the Dasa #Uranium Project. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
A new video from Dasa, featuring quarterly progress in mining, building foundations for the processing plant and on community relations. This is what Global Atomic has accomplished while managing costs in advance of securing primary financing for Dasa. globalatomiccorp.com/Operations/Ura…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
There has been an increased pace of work at the U.S. development bank with a focus on document preparation to support a credit committee review to fund Dasa. We are encouraged by the bank’s level of engagement and look forward to a successful outcome. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Global Atomic has closed its previously announced non-brokered private placement for gross proceeds of C$24,839,160 from the sale of 31,048,950 units. Each unit consists of one common share of the Company and one common share purchase warrant. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Global Atomic posted voting results from today's Annual Meeting. Shareholders re-elected all directors and approved both the re-appointment of Ernst & Young LLP as auditors and all unallocated entitlements of the stock option plan for the ensuing 3 years. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Global Atomic announced a private placement for up to C$30M to advance the Dasa Project and working capital. The Company continues to work on several financing solutions and remains very upbeat about securing a financial commitment soon. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Q1 2025: Earthworks and civil works at the Dasa #Uranium Project are advancing and process plant components continue to arrive on site. The Turkish JV is expected to perform strongly in 2025 as activity at area steel mills has returned to pre-Covid levels. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
SOMIDA celebrated a major milestone on May 6, 2025, having worked safely for 1,000 days without incurring a loss-time incident (LTI), a testament to management’s dedication to create a safe work environment and the team’s success in implementing effective safety measures.
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
May 1, 2025 also known as International Workers’ Day in many countries, was celebrated in Agadez. Global Atomic’s subsidiary, SOMIDA, was honoured to participate and educate our neighbours about the employment and other benefits that Dasa is already providing to the region.
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
$GLO is in financial transaction discussions which could eliminate the need for a near term equity financing, allowing the Bank and potential JV partner sufficient time to complete their approval processes and commit funds for the completion of Dasa. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
As alternatives to financing the project the Company is also involved with a potential JV partner. Two additional parties have recently expressed interest to invest at the project level and another has expressed interest in an offtake financing. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
The Company has been advised by senior management at the Bank that they are targeting credit committee review of the loan by the end of April and that the Dasa Project aligns with US foreign policy and investment goals. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
Until a financing commitment is signed, the Company will manage its spending and have additional time to finalize terms with an option best suited to the Company and its shareholders, without coming back to the equity market in the near term. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
Global Atomic Corporation@AtomicCorp·
$GLO/$GLATF provides news on recent activities at the Company & its Dasa Project. Management is confident that its funding initiatives will continue to progress & reiterates its belief that by the end of Q1’25 further clarity can be shared with the market. globalatomiccorp.com/investors/news…
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