Mr. Stephen Roman reports

NIGER UPDATE

Global Atomic Corp.'s development of the Dasa project continues to advance and has not been affected by the activities of a group of militants in Niamey, the capital of Niger.

Stephen G. Roman, president and chief executive officer, stated: "The event in the capital early today involving a small group of militants had no impact on Global Atomic's activities nor the advancement of the Dasa project by the company's subsidiary Somida. 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. We will continue to monitor the situation and will inform shareholders of any material changes."

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.

We seek Safe Harbor.