01:35:46 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Global Atomic Corp
Symbol GLO
Shares Issued 202,253,352
Close 2023-06-28 C$ 2.89
Market Cap C$ 584,512,187
Recent Sedar Documents

Global Atomic shareholders approve AGM resolutions

2023-06-28 17:24 ET - News Release

Mr. Stephen Roman reports

GLOBAL ATOMIC ANNOUNCES RESULTS OF ANNUAL MEETING

Global Atomic Corp. has released the shareholder voting results from the annual general meeting of shareholders held June 28, 2023.

Directors were elected to the board as per the voting results in the attached table.

Shareholders also approved the reappointment of PricewaterhouseCoopers LLP as the auditor of the company.

About Global Atomic Corp.

Global Atomic is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.

The company's uranium division includes four deposits, with the flagship project being the large, high-grade Dasa project, discovered in 2010 by Global Atomic geologists through grassroots field exploration. With the issuance of the Dasa mining permit and an environmental compliance certificate by the Republic of Niger, the Dasa project is fully permitted for commercial production. The phase 1 feasibility study for Dasa was filed in December, 2021, and estimates yellowcake delivery to utilities to commence in 2025. Mine excavation began in Q1 2022.

Global Atomic's base metals division holds a 49-per-cent interest in the Befesa Silvermet Turkey S.L. (BST) joint venture, which operates a modern zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from electric arc furnace dust (EAFD) to produce a high-grade zinc oxide concentrate that is sold to zinc smelters around the world. The company's joint venture partner, Befesa Zinc S.A.U., holds a 51-per-cent interest in, and is the operator of, the BST joint venture. Befesa is a market leader in EAFD recycling, with approximately 50 per cent of the European EAFD market and facilities located throughout Europe, Asia and the United States.

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