Global Atomic Announces Results of Annual Meeting
27 Juin 2020 - 3:07AM
Global Atomic Corporation (“Global Atomic” or the “Company”; TSX:
GLO; Frankfurt: G12; OTCQX: GLATF) today announced shareholder
voting results from the Annual Meeting of Shareholders (“Meeting”)
held June 25, 2020, and the grant of stock options.
Nominee |
For |
% |
Withheld |
% |
Stephen G. Roman |
71,127,858 |
94.12 |
4,439,455 |
5.87 |
Paul D. Cronin |
75,277,033 |
99.62 |
290,280 |
0.38 |
Richard Faucher |
72,796,033 |
96.33 |
2,771,280 |
3.67 |
George Flach |
75,337,078 |
99.69 |
230,235 |
0.30 |
Derek Rance |
72,797,533 |
96.33 |
2,769,780 |
3.66 |
Asier Zarraonandia Ayo |
75,327,053 |
99.68 |
240,260 |
0.32 |
|
|
|
|
|
Shareholders also approved the re-appointment of
PriceWaterhouseCoopers LLP as auditors of the Company.
Stock Options:The Company
granted 100,000 Stock options to Bob Tait, Vice President Investor
Relations. The stock options are exercisable at $0.50 for a period
of five years and vest over a three-year period.
About Global Atomic Global
Atomic Corporation (www.globalatomiccorp.com), is a TSX listed
company that provides a unique combination of high-grade uranium
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. The Dasa deposit was discovered in 2010 by Global Atomic
geologists through grassroots field exploration. The Company
plans to submit a Phase 1 Development Plan to the Ministry of Mines
in the Republic of Niger with an Application for a Mining Permit in
Q3 2020.
Global Atomics’ Base Metals Division holds a 49%
interest in the Befesa Silvermet Turkey, S.L. (“BST”) Joint
Venture, which operates a new, state of the art processing
facility, 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.
(“Befesa”) listed on the Frankfurt exchange under ‘BFSA’), holds a
51% interest in and is the operator of the BST Joint Venture.
Befesa is a market leader in EAFD recycling, with approximately 50%
of the European EAFD market and facilities located throughout
Europe and Asia.
Key contacts:
Stephen G. RomanChairman, President and CEOTel: +1 (416)
368-3949Email: sgr@globalatomiccorp.com |
|
Bob TaitVP Investor RelationsTel: +1 (416) 558-3858Email:
bt@globalatomiccorp.com |
|
|
|
The information in this release may contain
forward-looking information under applicable securities laws.
Forward-looking information includes, but is not limited to,
statements with respect to completion of any financings; Global
Atomics’ development potential and timetable of its operations,
development and exploration assets; Global Atomics’ ability to
raise additional funds necessary; the future price of uranium; the
estimation of mineral reserves and resources; conclusions of
economic evaluation; the realization of mineral reserve estimates;
the timing and amount of estimated future production, development
and exploration; cost of future activities; capital and operating
expenditures; success of exploration activities; mining or
processing issues; currency exchange rates; government regulation
of mining operations; and environmental and permitting
risks. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as
“plans”, “targets”, “expects”, “does not expect”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, “does not anticipate”, or “believes” or variations
of such words and phrases or statements that certain actions,
events or results “could”, “would”, “might”, “will be taken”,
“occur” or “be achieved”. All information contained in this
news release, other than statements of current or historical fact,
is forward-looking information. Statements of forward-looking
information are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Global Atomic to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to those
risks described in the annual information form of Global Atomic and
in its public documents filed on SEDAR from time to time.
Forward-looking statements are based on the
opinions and estimates of management at the date such statements
are made. Although management of Global Atomic has attempted
to identify important factors that could cause actual results to be
materially different from those forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue
reliance upon forward-looking statements. Global Atomic does
not undertake to update any forward-looking statements, except in
accordance with applicable securities law. Readers should
also review the risks and uncertainties sections of Global Atomics’
annual and interim MD&As.
The Toronto Stock Exchange has not reviewed and
does not accept responsibility for the adequacy and accuracy of
this news release.
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