Global Atomic Corporation (@AtomicCorp) / X

Global Atomic Corporation

257 posts

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

Joined December 2018

Global Atomic Corporation
@AtomicCorp
Oct 5, 2022
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. globalatomiccorp.com/investors/news… $GLO $GLATF
Global Atomic Corporation
@AtomicCorp
Jun 15, 2022
$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. globalatomiccorp.com/investors/news…
Global Atomic Corporation
@AtomicCorp
Oct 2, 2023
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 globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Feb 24, 2023
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 globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Jul 19, 2024
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.
00:00
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Global Atomic Corporation
@AtomicCorp
Apr 19, 2022
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 globalatomiccorp.com/investors/news…
Global Atomic Corporation
@AtomicCorp
May 6, 2024
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...” globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Dec 17, 2024
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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Global Atomic Corporation
@AtomicCorp
Mar 5, 2024
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 globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Jan 19, 2022
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 globalatomiccorp.com/news/
Global Atomic Corporation
@AtomicCorp
Jan 25, 2024
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. globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Jul 26, 2023
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 globalatomiccorp.com/investors/news…
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Global Atomic Corporation
@AtomicCorp
Nov 10, 2023
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. globalatomiccorp.com/investors/news…
63K
Global Atomic Corporation
@AtomicCorp
Jun 20, 2022
$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. globalatomiccorp.com/investors/news…