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Global Atomic Corporation Profile
Global Atomic Corporation

@AtomicCorp

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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.

TSX:GLO, OTCQX:GLATF, FWB:G12
Joined December 2018
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@AtomicCorp
Global Atomic Corporation
2 years
We received a Letter of Intent from a second major western utility to procure #uranium from Dasa. This continues our strategy of establishing sales contracts with Tier 1 global utilities at volumes sufficient to underwrite our debt financing. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
$GLO $GLATF has received a Letter of Intent from a major North American utility to procure 2.1 Mlb #uranium from 2025 to 2030, approximately 7% of Dasa’s production over the 6-year period...subject to the successful conclusion of a purchase-sale contract.
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@AtomicCorp
Global Atomic Corporation
11 months
Global Atomic has signed its third off-take agreement for the sale of uranium from its Dasa Mine, bringing total contracted volume to date close to 1.5 million pounds of #uranium per annum over Dasa’s initial five years of operation. ⚛️ $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
The Appeals Court in Tahoua, Niger, overturned and annulled all issues raised against the Company’s Niger subsidiary, SOMIDA S.A. As the Dasa #Uranium Project is of major importance to Niger, the hearing resulted in an expedited ruling. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Dasa drilling update: A further 10 holes of ~6,000 metres indicate that the mining zones 2a, 2b and 3 now represent a contiguous ore body approximately three times larger than initially defined. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 month
Please watch this video for President and CEO of Global Atomic, Stephen Roman, in regard to the announced one-month delay of bank financing for the Dasa #Uranium Project.
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@AtomicCorp
Global Atomic Corporation
4 months
On May 3rd, Niger’s Mines Minister visited Dasa & stated: “Dasa is a reality everyone can see. We are supportive of the SOMIDA team and Global Atomic. This project is very important for us ... We want Dasa to be the start of new Niger mining practice...”
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@AtomicCorp
Global Atomic Corporation
6 months
The 2024 Feasibility Study has extended the Dasa Mine Life from 12 to 23 years, Mineral Reserves have increased by 50% to 73 million pounds U3O8, and #uranium production from Dasa has increased by 55% to 68.1 million pounds. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
Drilling to date at the Dasa #Uranium Project has exceeded expectations. Results will be applied later this year to the Phase 1 Mine Plan and are expected to reduce underground development, lower expenses and extend the life of the Mine Plan. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
7 months
Niger’s #uranium sector, including Dasa, are unaffected by suspension of new gold mining permits. $GLO $GLATF also confirms exploration permit renewals for AE4 & AE3, where Dasa operates, and has accelerated expiry of the warrants issued in December 2023.
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@AtomicCorp
Global Atomic Corporation
1 year
The event in the Niger earlier today is not impacting the advancement of the Dasa Project. We have been in touch with our teams both in the capital and at the Dasa Project site, who report that all is calm and it is business as usual. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
10 months
Global Atomic provides Q3 2023 results and corporate update including that the U.S. Government has expressed support for the project financing to proceed and both development banks have been authorized to re-engage with the Company and finalize funding.
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@AtomicCorp
Global Atomic Corporation
2 years
$GLO $GLATF has received Letters of Intent from a syndicate of North American financial institutions to finance the Dasa #Uranium Project in Niger. The syndicate includes Export Development Canada which was previously announced.
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@AtomicCorp
Global Atomic Corporation
4 years
A great finish to 2020… the Government of #Niger 🇳🇪 today granted our Mining Permit for the Dasa Project! An earlier than expected outcome from our September application. A huge step closer to become a major low-cost #uranium producer. $GLO $GLATF ⚛️
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@AtomicCorp
Global Atomic Corporation
10 days
In a letter issued by the Government of Niger on August 15th, President Tiani & the Council of Ministers confirmed their support for Global Atomic and the Dasa Project. The letter highlights that Global Atomic has always complied with Niger’s regulations.
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@AtomicCorp
Global Atomic Corporation
1 year
While the situation in Niger remains volatile and there has been protesting in some parts of the capital, the rest of the country remains calm. Importantly, our people remain safe and normal business is being conducted at our offices and development of the Dasa Project continues.
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@AtomicCorp
Global Atomic Corporation
5 months
Global Atomic filed its 2024 Feasibility Study (“FS”) confirming Dasa has a mine plan of 23.75 years (2026-2049), a 50% reserve increase to 73Mlb and a 55% production increase to 68.1Mlb. Using a $75/lb #uranium price, the FS shows a US$917M NPV8, a 57% IRR & a 2.2 year payback.
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@AtomicCorp
Global Atomic Corporation
2 years
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@AtomicCorp
Global Atomic Corporation
5 months
Project financing is advancing with a Canadian export credit agency & a U.S. development bank who are continuing their review and document finalization for credit committee approval in April 2024, final Board approval in June and documentation thereafter.
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@AtomicCorp
Global Atomic Corporation
2 months
Global Atomic anticipates final approval of its US$250 million debt financing, led by a U.S. development bank, in Q3 2024 as it continues to advance Dasa, progress financing options and positively engage with Niger’s Mines Minister. #uranium
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic’s Dasa Drill Program Achieves 15,000-Metre Target, Successful Results Prompt Decision to Extend Program. Stephen Roman: “The Dasa deposit continues to impress as we better define the extent of this truly amazing orebody” $GLO $GLATF #uranium
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@AtomicCorp
Global Atomic Corporation
3 years
Global Atomic today published and filed the 462-page recently announced NI 43-101 compliant, Phase 1 Dasa Project Feasibility Study, which confirms that the Project is economically compelling, even at a price of US$35/lb. #mining ⛏️ #uranium ⚛️ $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
While it is still too early to speculate on the outcome to this unexpected event, the Dasa Project remains fully engaged in opening up access to the ore body and preparing the plant site for construction. #uranium $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
11 months
Update: the US State Dept. officially designated a “Coup d’Etat” in Niger in July, putting a temporary hold on US Development Bank financing pending visibility of a return to democratic elections. Dasa remains unimpaired and enjoys full government support.
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@AtomicCorp
Global Atomic Corporation
8 months
Global Atomic today reported the formalization of its 3rd off-take agreement with US utilities, timelines for the updated Phase 1 Feasibility Study, 500 days operating the Dasa Mine without an LTI and the promotion of Emre Toprak to VP Finance. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
4 months
Global Atomic today announces Q1 2024 results. Over 1,000 meters of mine development is extending the ramp and developing drifts along the footwall of the deposit to access the planned stopes. Project financing continues to move forward. #uranium #mining
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@AtomicCorp
Global Atomic Corporation
2 years
See new photos, including this of the excavated box cut, where this fall the portal will be collared & underground development will begin for the Dasa #Uranium Mine.
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@AtomicCorp
Global Atomic Corporation
3 years
Dasa #Uranium Project update. Internal review of FS provides opportunity to reduce costs prior to presenting the FS to a shortlist of project finance banks. Plans are on schedule to break ground and collar the Mine Portal in early 2022. $GLO $GLATF.
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@AtomicCorp
Global Atomic Corporation
1 year
During Q2 2023, we took significant strides to advance the Dasa Project towards production. Positive developments today include the appointment of a new civilian-military coalition cabinet and all the new Ministers who will run the Government. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
17 days
Q2 Results: Global Atomic continues to make significant progress at the Dasa #Uranium Project and has the full support of the Niger government. Although the development bank postponed their July approval, this project will get funded and will get built.
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@AtomicCorp
Global Atomic Corporation
1 year
Update: #zinc recycling has restarted / all assays from Dasa’s 16km drill program completed, MRE to follow / 200m of underground development completed / engineering progresses w/ earthworks to begin in Q2 / long-lead items to be ordered in March #uranium
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@AtomicCorp
Global Atomic Corporation
2 years
Uraniumletter International: $GLO $GLATF April 2022 update: “Being highly successful with bringing the Dasa Project on the road to production status by the end of 2024, at one of the lowest all-in sustaining cost of $ 21.93 per pound U3O8” #uranium #zinc
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic had an excellent second quarter. We advanced several key initiatives for the Dasa #Uranium Project and our Turkish JV #Zinc operation had a strong operating performance and made its final payment on the 2019 expansion loan. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
The results of the drill program were successful in significantly increasing Dasa’s Indicated Resources, much of which is expected to be upgraded to a Mineable Reserve when included in the planned revision to Dasa’s Mine Plan... #uranium $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
The Dasa #Uranium Project update with photos. …have broken ground almost two months ahead of schedule. The team is growing and fully engaged at site. More news flow to come over the next quarter. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
@capnek123 As promised, a dozen or so new 📸 of $GLO $GLATF early activity at the Dasa #Uranium Project have been posted to our website. More photos to come as the excavation ⛏️ of the box cut progresses. Scroll down on this page of our website.
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@AtomicCorp
Global Atomic Corporation
2 years
The outlook for $GLO / $GLATF continues to improve and we continue to make excellent progress. Dasa remains on schedule to produce Yellowcake at the beginning of 2025, and make a meaningful contribution to world #uranium supply. 2021 results posted:
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic provides update and outlook for 2023. Dasa is the highest-grade uranium deposit under development in Africa and expected to be in the lowest cost quartile among global #uranium mines with significant growth potential. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Probe results on final holes of Dasa’s 16,000-meter drill program were excellent. Interim chemical assays of initial 58% of core samples returned values averaging 10% above the probe equivalent #uranium . $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
$GLO included in TSX30: While recent share price performance has reflected the uncertainty about the outcome of political issues in Niger, the fundamentals of the Dasa Project are solid and continue to improve as we advance our production milestones.
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@AtomicCorp
Global Atomic Corporation
3 years
If you missed it, @AtomicCorp 's Feasibility Study for its Dasa #Uranium Project out today. Even with significant pandemic-induced cost increases, projected after-tax IRRs are 22.7% @ $35/lb; 30.6% @ $40/lb; 44.6% @ $50/lb; 57.2% @ $60/lb. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
$GLO $GLATF selects Enernet Global to build, own and operate a hybrid power plant 🔌for the Dasa #Uranium ⚛️Project⛏️. The system will provide approximately 35% of power requirements from renewables, making Dasa one of the greenest operations in Africa🇳🇪.
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@AtomicCorp
Global Atomic Corporation
2 years
@UraniumMuril At your prompting we accelerated this update to our slide deck. See At a #uranium price of $100/lb, Dasa's Phase 1 would yield after tax an NPV8 of $1.521B and a 99.6% IRR. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
The U.S. Government demonstrated its commitment to Niger and the region with a US$504 million grant to upgrade the surface transport infrastructure, including the port and road networks, between the Port of Cotonou in Benin and Niger. #uranium $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Following the earthquake in Türkiye, employees at our zinc JV are unharmed. We extend sympathies & condolences to all those affected. The plant appears to have received only minor damage due to being re-built in 2019 with preventive engineering methods.
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@AtomicCorp
Global Atomic Corporation
1 year
$GLO $GLATF announced results for 2022, making significant strides in advancing the Dasa #Uranium Project. ⚛️🇳🇪 We are on schedule to produce yellowcake in 2025 and are advancing the Project on all fronts. ⛏️👍
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@AtomicCorp
Global Atomic Corporation
3 years
Global Atomic has launched a new website! Still at , we introduced new features including the current uranium spot price from Numerco, an ESG section & specific pages for photos and videos to highlight our progress at the Dasa Project. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
$GLO $GLATF Q1'21 Highlights: Dasa Project fully permitted, Pilot Plant tests surpassed expectations and #uranium marketing strategy initiated with Fuel Link. The #zinc business had a record quarter for both EAFD processed and zinc in concentrate shipped.
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@AtomicCorp
Global Atomic Corporation
2 years
As some older options for several of our executives are about to expire, these options were exercised today to capture their investment value. A portion of the resulting shares were sold to cover costs and taxes, but most are being held for their long-term investment opportunity.
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@AtomicCorp
Global Atomic Corporation
5 months
Global Atomic Announces 2023 Results and Publishes Dasa Uranium Project Feasibility Study. Dasa #Uranium Project remains on schedule to produce yellowcake in Q1 2026. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
With infrastructure that has supported #uranium mining for over 50 years, an experienced mining work force and the highest-grade uranium deposit in Africa, Global Atomic remains committed to the development Dasa and the ensuing benefits to our shareholders and the people of Niger
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@AtomicCorp
Global Atomic Corporation
3 years
$GLO $GLATF updates Dasa #Uranium Project, drilling programs & Turkish #Zinc JV numbers for 2021. “All aspects of the Dasa Project are going well and activity at site is accelerating at a remarkable pace.” ⚛️ News: Dasa video: 💥
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@AtomicCorp
Global Atomic Corporation
1 year
Bank financing is progressing well with the terms approval process nearing completion. To address any further funding needs we are also currently discussing potential offtake agreements with pre-payments and evaluating other alternatives to equity.
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@AtomicCorp
Global Atomic Corporation
3 years
$GLO $GLATF has announced successful completion of its Pilot Plant demonstrating the viability of the #uranium recovery process as per the May 2020 PEA for the Dasa Project in #Niger . Dasa is fully permitted & our Feasibility Study is on track for Q3. ⚛️
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@AtomicCorp
Global Atomic Corporation
2 years
On Nov 05, 2022, Global Atomic held the Opening Blast Ceremony at Dasa, marking the start of underground development of this #uranium mine, a significant milestone towards yellowcake delivery in early 2025. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
$GLO $GLATF update on Niger... Following the recent resignation of the President in Niger, the Dasa Project remains unaffected other than the borders and airport have been temporarily closed which will interrupt our supply lines in the short term. #uranium
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@AtomicCorp
Global Atomic Corporation
2 years
$GLO $GLATF Q1 2022: Dasa #Uranium Project on schedule for development and financing. CEO Stephen Roman “This year promises to be one of the most exciting in Global Atomic’s history as we expect to significantly advance the fully permitted Dasa Project.”
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@AtomicCorp
Global Atomic Corporation
9 months
Global Atomic has entered into an ATM equity distribution agreement allowing it to issue up to $50M of shares providing the Company with another funding tool to potentially contribute to funding Dasa, along with several other options under consideration.
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@AtomicCorp
Global Atomic Corporation
4 years
$GLO $GLATF signs #Uranium marketing agreement with Fuel Link Limited, bringing 23 years of uranium marketing experience. As the fully-permitted Dasa Project is developed, Fuel Link will introduce @AtomicCorp to nuclear power utilities around the world.
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@AtomicCorp
Global Atomic Corporation
3 years
It is business as usual, following recent announcements by the Turkish government regarding the conversion of a portion of #zinc revenues to Turkish lira, as we regularly repatriate a portion of revenue from US dollars to Turkish lira to cover operating costs. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic incorporates its Niger mining subsidiary (“SOMIDA”) under which the Dasa #Uranium Project will operate. The Government’s commitment to Dasa reflects their confidence in the quality of the deposit and longevity of the mine. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
According to today's Markets Insider #uranium spot price has hit $35.65/lb U3O8.⚛️ Good news as using a 12-year average price of $35/lb, our 2020 PEA indicates an IRR of 26.6% for Phase 1 of the long-life Dasa Project. #mining ⛏️ $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
9 months
Dec 4/23 Niger Express – US Ambassador Fitzgibbon meets with Niger’s Minister of Foreign Affairs Bakary Yaou Sangaré: US confirms recognition of new government, Niger confirms it will transition to civilian rule, both agree to military cooperation.
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@AtomicCorp
Global Atomic Corporation
1 year
Dasa update including: mining & support team in place; decline ramp nearing top of ore body; detailed engineering almost complete; long-lead items ordered; plant earthworks have begun; camp expansion for construction crew on order. #uranium $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Further to Global Atomic’s news release dated Feb.14, 2023 an appeal of the orders granted last week against SOMIDA S.A. was heard today in the Appeals Court in Tahoua, Niger. It is anticipated that the court will issue its decision shortly. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
Stephen Roman on CRUX re the Dasa #Uranium Project “A once-in-a-lifetime discovery…. What we want to do for ourselves and for all our shareholders is to prove it up, and put it into production and be a significant producer in the world.” $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
Q3’21 results: Highlighting significant progress at Dasa, with excavation to begin in January and Feasibility Study to be released in November. Expecting Turkish Zinc JV to fully repay its modernization loan by end of year. #uranium #zinc $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
While completing its Feasibility Study @AtomicCorp is gearing up to break ground in Q1 2022. CMAC-Thyssen will do the initial mine development, prepare stopes & train @AtomicCorp ’s own workforce in Canadian safety & operational standards to mine #uranium .
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@AtomicCorp
Global Atomic Corporation
1 year
Global Atomic today completed its “bought deal” prospectus offering for gross proceeds of C$56M. $GLO intends to use the net proceeds to fund a portion of the capital required to advance the Dasa #Uranium Project & for general working capital purposes.
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@AtomicCorp
Global Atomic Corporation
3 years
@capnek123 We agree and will do that when we have more to show. We begin excavating the box cut this Thursday and will start to collar the portal in April. We did release some new photos in December… Thank you for your continued interest and support.
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@AtomicCorp
Global Atomic Corporation
8 months
Global Atomic announces fully subscribed $15M $2.50 unit pp. Units include ½ warrant exercisable @ $3.00 for 12 months subject to accelerated expiry. The Private placement will facilitate the re-start of operations at the Dasa Project.
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@AtomicCorp
Global Atomic Corporation
5 months
Niger announced its intention to terminate military cooperation with the US. In this fluid situation the Company continues discussions with project lenders and is pursuing other strategies to fund its high-grade #uranium Dasa Project.
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@AtomicCorp
Global Atomic Corporation
2 years
Dasa #Uranium Project: New video and photos highlight surface infrastructure progress and completed box cut in preparation for collaring the portal and underground development to begin this fall. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic’s joint venture zinc production plant in Türkiye is expected to resume operations in early March. The plant sustained only minimal damage on Feb. 6, 2023, and following a thorough assessment has been declared operational. #zinc $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
8 months
Global Atomic closes Cdn $15M private placement. Operations re-start coincides with UN, USA and German recognition of current Niger government, Ecowas working group engagement on elections and sanctions relief.
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@AtomicCorp
Global Atomic Corporation
3 years
Amid higher #uranium and #zinc prices, Stephen Roman comments that we are entering a new era of clean, sustainable electric energy and improving uranium market fundamentals with many nations adopting the benefits of baseload nuclear power. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 year
14 years late, but Finland has begun production at Europe’s largest nuclear reactor, boosting the region’s energy independence. Olkiluoto-3, the first new atomic reactor in the Nordic countries since the mid-1980s, is expected to supply ~30% of Finland’s electricity. #uranium
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@AtomicCorp
Global Atomic Corporation
8 months
As previously posted by SOMIDA in Niger, as a testament to commitment to safety and teamwork the DASA Mine has achieved 500 days without a Lost Time Injury, underlining the Mine's unwavering dedication to creating and implementing a safe work environment.
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@AtomicCorp
Global Atomic Corporation
2 years
Export Development Canada’s Letter of Interest has indicated a potential participation of up to US$75 million to form the cornerstone of the Dasa Project financing, which is expected to be completed in Q4 2022. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
6 months
Some of you may have missed that we recently posted a video of our management’s visit to the DASA Project in Niger earlier this year. $GLO $GLATF #uranium YouTube: Website:
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@AtomicCorp
Global Atomic Corporation
2 years
Stephen Roman’s new CRUX interview is at “Matthew, maybe we use this (Dasa) as a base, a company-building asset that allows us to grow this company to $50 a share… Teck is a good example.” $GLO $GLATF #uranium #zinc
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@AtomicCorp
Global Atomic Corporation
2 years
Our shareholders exercised all March 2021 warrants, contributing over C$10 million to fund Dasa. Equity contributions will also include our 2022 capex at Dasa, expected dividends from our Turkish Zinc JV and warrants that expire in June 2023. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
4 years
Global Atomic reports a strong finish to 2020 by its #zinc production plant in Turkey. Record throughput in December. On track to retire the project loan by the end of 2021, dividends to resume thereafter. $GLO $GLATF #mining #zinc #uranium
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@AtomicCorp
Global Atomic Corporation
3 years
Stephen Roman chats w/ Matt Gordon @CruxInvestor about Dasa #uranium and the latest capital raise. “With an asset like this and with cash flow from Turkey, we can be a solid dividend producing company… generating cash flow for many years.” $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
@UraniumMuril @UraniumDk @Big_U_Dawg @bullura1 Exactly! We’ve run the numbers through Dasa’s DFS model. Based on the Phase 1 Flank Zone only, a $70/lb #uranium price delivers an NPV8 of $885M & an IRR of 68.7%. At $80/lb: $1.096B & 79.5%. #Zinc prices also strong this week, $1.95/lb today. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
3 years
@jeffcomeau Jeff, buying physical uranium is currently not in our plans as the cost to buy is higher than our production costs. It is a better use of our capital to advance the fully permitted Dasa Project to production in order take advantage of the coming #uranium super cycle. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
2 years
See our Q3 results. Our November 5th Opening Blast commenced the underground development of the Dasa #Uranium Mine, a significant milestone marking the realization of all that Global Atomic has been working on diligently since 2005 in Niger. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
29 days
Global Atomic has closed its previously announced private placement for gross proceeds of C$20 million. The Company intends to use net proceeds from the Offering for the advancement of the Company’s Dasa Project and for general working capital purposes.
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@AtomicCorp
Global Atomic Corporation
1 year
We continue to advance our ramp access to the orebody, are placing orders for long-lead plant equipment and have already built out a full in-country mining team with experienced miners and a complement of trainees from nearby villages. #uranium $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
4 years
$GLO announces C$10 million bought deal private placement @ C$2/share, at par with the 5-day VWAP, to fund advancement of the Dasa #Uranium Project in Niger🇳🇪 and for general purposes. This allows $GLO to order long-lead equipment, such as a SAG mill. ⚛️⛏️
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@AtomicCorp
Global Atomic Corporation
3 years
$$GLO $GLATF releases 2020 results. Pres&CEO Stephen Roman re Dasa #Uranium Project: “With our permits in hand and positive confirmation of the proposed metallurgical process … we remain confident in our plans to start building the Mine in early 2022.”
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@AtomicCorp
Global Atomic Corporation
2 years
Global Atomic commences EPCM Phase for Dasa by signing DCPL of Kolkata, India, and Lycopodium Minerals Canada Ltd. to commence the basic and detailed engineering, procurement and project management of the Dasa #uranium processing plant. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 month
Global Atomic reports the U.S. Development Bank Credit Committee’s review of the Dasa Project debt facility is postponed to August. The Bank cited a need to confirm answers for additional questions. The Company continues to review other financing options.
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@AtomicCorp
Global Atomic Corporation
3 years
Due to significant demand, @AtomicCorp private placement has been increased from C$25M to C$30M. As stated, net proceeds are to be used for exploration and development of the Company’s Dasa #Uranium Project and for general working capital purposes. $GLO
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@AtomicCorp
Global Atomic Corporation
3 years
@AtomicCorp signs Letter of Intent w/ CMAC-Thyssen for Dasa’s mine portal & underground development. The Box-Cut excavation is to begin in January 2022 using local Niger contractors and when complete CMAC is to collar the portal in April 2022. $GLO $GLATF
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@AtomicCorp
Global Atomic Corporation
1 month
Due to investor demand, $GLO has upsized its private placement to 14,814,815 units @ C$1.35 each or gross proceeds of C$20M. Net proceeds from the placement are intended for the advancement of the Dasa Project and for general working capital purposes.
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@AtomicCorp
Global Atomic Corporation
4 years
All 2,918,167 warrants issued pursuant to @AtomicCorp ’s May 2020 private placement have been exercised for proceeds of C$2,453,000. $GLO $GLATF now has a total of 155,679,283 common shares issued and no warrants outstanding. #mining #uranium ⚛️ #zinc
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@AtomicCorp
Global Atomic Corporation
3 years
On track to complete the Dasa Feasibility Study by end of Q3. In preparation for mine construction, we have strengthened our team & added significant experience in mine development, operations, project management, risk management and finance. $GLO $GLATF
2
9
79
@AtomicCorp
Global Atomic Corporation
3 years
$GLO $GLATF plans a 15km core drilling program beginning Sept.'21, at Dasa in Niger to upgrade the extensive “Indicated & Inferred” resources to “Measured & Indicated”, adding to the current 12-year Phase 1 Mine Plan & to define a Phase 2 Plan. #uranium
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@AtomicCorp
Global Atomic Corporation
1 year
@AtomicCorp has formalized its June 2022 LOI Intent with a Definitive Agreement with a major North American utility⚛️ to procure Dasa Project #uranium . This follows a similar agreement in January with another major Western utility⚛️. $GLO $GLATF
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