Mr. Stephen Roman reports
GLOBAL ATOMIC ANNOUNCES RESULTS OF ANNUAL MEETING
Global Atomic Corp. has released shareholder voting results from the annual general and special meeting of shareholders, held June 25, 2025.
A total of 137,372,872 common shares, representing 44.59 per cent of the common shares outstanding as of the record date of May 6, 2025, were voted.
Directors were elected to the board as per the voting results in the attached table.
Shareholders also approved the reappointment of Ernst & Young LLP as the auditor of the company and all unallocated entitlements under the corporation's stock option plan for the ensuing three years.
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 is currently developing the fully permitted, large, high-grade Dasa deposit, discovered in 2010 by Global Atomic geologists through grassroots field exploration. The first blast ceremony occurred on Nov. 5, 2022, and commissioning of the processing plant is scheduled for H2 (second half) 2026. Global Atomic has also identified three additional uranium deposits in Niger that can be advanced with further assessment work.
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 recycling plant, located in Iskenderun, Turkey. The plant recovers zinc from electric arc furnace dust (EAFD) to produce a high-grade zinc oxide concentrate, which 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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