Global Atomic Corporation

Significant Conversion of Inferred to Indicated Expected to Impact Mineable Reserves TORONTO, May 23, 2023 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today that the Company has updated its Mineral Resource Estimate ("MRE") for its Dasa Project in the Republic of Niger. The new MRE was calculated by AMC Consultants, ("AMC"), of Perth, Western Australia, incorporating drill, probe and chemical assay data compiled from an extensive 16,000-meter drill program initiated in Septe...

Dasa Uranium Project On Schedule to Produce Yellowcake in Q1 2025 TORONTO, May 11, 2023 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2023. HIGHLIGHTS Dasa Uranium Project The Company revised its Dasa Project, Phase 1, Feasibility Study which:confirmed a reserve for the Dasa Project of 4.1 million tonnes grading 5,267 ppm for a total of 47.2 million pounds U3O8.outlines an initial, Phase 1, 12-year mine schedule at a produ...

TORONTO, May 8, 2023 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today that the Company has formalized its June 2022 Letter of Intent by signing a Definitive Agreement with a major North American utility for their procurement of uranium from the Dasa Project. The agreement represents the supply of up to 2.1 million pounds U3O8 within a multi-year delivery window beginning in 2025, representing about 7% of Dasa's annual production over the period with a revenue potential valued in excess of...