Global Atomic Corporation (@atomiccorp) 's Twitter Profile
Global Atomic Corporation

@atomiccorp

A 2021 Feasibility Study defines the fully-permitted high-grade low-cost Dasa Uranium Project in Niger; profitable Turkish Zinc JV recycles steel-mill EAFD.

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linkhttps://www.globalatomiccorp.com/ calendar_today21-12-2018 08:57:41

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Global Atomic announced a C$25M public offering for 20.8M Units @ C$1.20/unit, consisting of a common share and a purchase warrant exercisable @ C$1.50/warrant for up to 3 years. The net proceeds are primarily intended for development of the Dasa Project. globalatomiccorp.com/investors/news…

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Global Atomic announced that due to significant investor demand its C$25M public offering for 20.8M Units was increased to C$35M for 29,167,000 Units. In the event that a 30-day over-allotment option is exercised in full, gross proceeds would be C$40.25M. globalatomiccorp.com/investors/news…

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Global Atomic Closes Public Offering for Gross Proceeds of C$40.25M. The intended use of the net proceeds are primarily for the development of the Dasa #Uranium Project located in the Republic of Niger. globalatomiccorp.com/investors/news…

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The U.S. development bank engaged with Global Atomic in regard to a debt facility to fund 60% of Dasa’s development has confirmed that it intends to conclude its approval process, including Committee and Board level approvals, by early Q1 2025. globalatomiccorp.com/investors/news…

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Global Atomic is a unique #uranium investment opportunity. The Company’s Dasa Project is fully permitted and in the final stages of obtaining approval for the major component of its construction financing. See Q3 2024 results: globalatomiccorp.com/investors/news…

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While in Niger in November the Company’s executive team held three successful meetings with a Niger Government Committee consisting of representatives from all ministries. Progress was made on all fronts to facilitate ongoing operations at the Dasa Mine. globalatomiccorp.com/investors/news…

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While in Niger the Company’s executive team and Managing Director for Niger had key meetings with Prime Minister Zeine, Mines Minister Abarchi and U.S. Ambassador, Kathleen FitzGibbon, all of whom positively supported Global Atomic and the Dasa Project. globalatomiccorp.com/investors/news…

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The development bank has confirmed it is moving forward with approval of a debt facility in Q1'25. In parallel, Global Atomic has progressed JV negotiations & anticipates receipt of a Definitive Agreement in Q1'25 for an amount sufficient to complete Dasa. globalatomiccorp.com/investors/news…

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The finalization of the European off-take contract is a positive sign amid the geopolitical challenges in Niger and demonstrates the European utility’s confidence in our ability to finance and develop Dasa to begin yellowcake deliveries in 2026. globalatomiccorp.com/investors/news…

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Global Atomic made significant progress at the Dasa Uranium Project in 2024. Key milestones include strategic meetings with Government, advancing construction efforts and preparing for commissioning in 2026 with over 500 staff driving the project forward. youtube.com/watch?v=ITl8r1…

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$GLO announced a C$30M private placement for up to 37.5M units @ C$0.80/unit. Net proceeds are intended to advance the Dasa Project. The Company remains confident that it will have positive news in Q1’25 regarding either a bank financing or a JV agreement. globalatomiccorp.com/investors/news…

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Global Atomic’s private placement announced on January 23, 2025, closed as expected on January 31, 2025. The Company intends to use the net proceeds for the advancement of the Dasa Project and general working capital purposes. globalatomiccorp.com/investors/news…

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$GLO/$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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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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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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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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$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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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.

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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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.

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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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…

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…