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.
Several Global Atomic executives held a successful visit this month to Niger including a Dasa site visit by the SOMIDA Board and high-level meetings with the Niger Government. President Tiani has issued strong statements of support for the Dasa Project. https://t.co/0H8H0oBXCj
Global Atomic reported that in Q1 2026 it continued active engagement on several financing options including bank debt facilities and potential JV partners. The Company also made excellent progress on Dasa's mine development and plant construction. https://t.co/0H8H0oBXCj
The Government of Niger remains strongly supportive of Dasa. The Project has no material reliance on shipping impacted by the Middle East conflict. Niger supplies 100% of Dasa’s fuel requirements from local oil and refining production at reasonable rates. https://t.co/0H8H0oBXCj
Global Atomic issues 2025 results. The Dasa #Uranium Project advanced development significantly in 2025 and in March 2026 reached 1 million hours without a lost time incident. The Company continues to advance debt, JV and other non-equity funding options. https://t.co/0H8H0oBXCj
$GLO announces the closing of both its recently announced bought deal public offering and its non-brokered private placement that together raised gross proceeds of approximately C$72.5 million, primarily intended to advance the Dasa #Uranium Project. https://t.co/0H8H0oBpML
On January 9, 2026, Niger’s Mines Minister visited SOMIDA’s office in Niamey, underscoring continued government cooperation and support as the Dasa Project moves forward. $GLO $GLATF #uranium https://t.co/f6m5DCLdl8
Once our primary objective for 2026 of full funding for Dasa is in place, we intend to accelerate development to meet strengthening uranium demand. We expect our zinc recycling JV in Türkiye to perform well and pay dividends to $GLO and our JV partner. https://t.co/0H8H0oBXCj
A Q4 2025 video update on the Dasa #Uranium Project, and recent meetings with the #Niger Government, has been published on Global Atomic’s website https://t.co/AsNw9cEsqB and YouTube channel https://t.co/I4EckQPsMc.
The U.S. development Bank has confirmed that funding for Dasa was reviewed by its Credit Committee and forwarded to the Investment Committee for review. We expect further updates from the Bank in the new year to confirm their review and approval timelines. https://t.co/0H8H0oBpML
Global Atomic’s recently announced bought deal public offering closed today for gross proceeds of C$37M, including the partial exercise of the over-allotment option. We thank investors for supporting the continued development of the Dasa #Uranium Project. https://t.co/0H8H0oBXCj
A new video from Dasa, featuring quarterly progress in mining, building foundations for the processing plant and on community relations. This is what Global Atomic has accomplished while managing costs in advance of securing primary financing for Dasa. https://t.co/AsNw9cEsqB
There has been an increased pace of work at the U.S. development bank with a focus on document preparation to support a credit committee review to fund Dasa. We are encouraged by the bank’s level of engagement and look forward to a successful outcome. https://t.co/0H8H0oBXCj
Global Atomic has closed its previously announced non-brokered private placement for gross proceeds of C$24,839,160 from the sale of 31,048,950 units. Each unit consists of one common share of the Company and one common share purchase warrant. https://t.co/0H8H0oBXCj
Global Atomic posted voting results from today's Annual Meeting. Shareholders re-elected all directors and approved both the re-appointment of Ernst & Young LLP as auditors and all unallocated entitlements of the stock option plan for the ensuing 3 years.
https://t.co/0H8H0oBXCj
Global Atomic announced a private placement for up to C$30M to advance the Dasa Project and working capital. The Company continues to work on several financing solutions and remains very upbeat about securing a financial commitment soon. https://t.co/0H8H0oBXCj
Q1 2025: Earthworks and civil works at the Dasa #Uranium Project are advancing and process plant components continue to arrive on site. The Turkish JV is expected to perform strongly in 2025 as activity at area steel mills has returned to pre-Covid levels. https://t.co/0H8H0oBpML
SOMIDA celebrated a major milestone on May 6, 2025, having worked safely for 1,000 days without incurring a loss-time incident (LTI), a testament to management’s dedication to create a safe work environment and the team’s success in implementing effective safety measures.
May 1, 2025 also known as International Workers’ Day in many countries, was celebrated in Agadez. Global Atomic’s subsidiary, SOMIDA, was honoured to participate and educate our neighbours about the employment and other benefits that Dasa is already providing to the region.
$GLO is in financial transaction discussions which could eliminate the need for a near term equity financing, allowing the Bank and potential JV partner sufficient time to complete their approval processes and commit funds for the completion of Dasa. https://t.co/0H8H0oBpML