Global Atomic Corporation to Webcast Live at VirtualInvestorConferences.com June 16th
14 Juin 2022 - 2:25PM
Global Atomic Corporation (“Global Atomic” or the
“Company”), (TSX:GLO, OTCQX:GLATF, Frankfurt:G12) today
announced that Stephen G. Roman, President & CEO will
present live at VirtualInvestorConferences.com on June 16, 2022.
DATE: June 16, 2022TIME: 9:30
a.m. EDTLINK: https://bit.ly/3MB962uAvailable for
1x1 meetings: June 17, 2022
This will be a live, interactive online event
where investors are invited to ask the company questions in
real-time. If attendees are not able to join the event live on the
day of the conference, an archived webcast will also be made
available after the event.
It is recommended that investors pre-register and run the online
system check to expedite participation and receive event
updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Global Atomic CorporationMany countries are
expanding their fleets of nuclear power generators to meet growing
demands for electricity while reducing carbon emissions. Perfectly
timed with this nuclear renaissance, Global Atomic is developing
the Dasa Uranium Project in the Republic of Niger. The Dasa
Project:
- is the largest, highest-grade
uranium deposit currently under development in Africa
- is fully permitted
- has completed a Feasibility Study
that defines a 12-year Phase 1 starter project to produce
approximately 4.5Mlb of U3O8 per year, which using a US$35/pound
uranium price is expected to yield an after-tax IRR of 22.7%
- at today’s uranium spot price above
US$50/pound, the IRR is expected to be above 44%
- is underway with the construction
of mine access and surface infrastructure
- is on schedule to start
construction of its processing plant in early 2023
- has project financing underway,
with interest for up to US$75 million from Export Development
Canada
- is on track for delivery of
yellowcake to utilities in early 2025
- is supported by existing cash flow
from the Company’s zinc recycling business
About Global AtomicGlobal Atomic Corporation
(www.globalatomiccorp.com) 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 production to
commence by the end of 2024. Mine excavation began in
Q1 2022.
Global Atomics’ Base Metals Division holds a 49%
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 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, Asia and the
United States of America.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement
solution, VIC is specifically designed to offer companies more
efficient investor access. Replicating the components of an
on-site investor conference, VIC offers companies enhanced
capabilities to connect with investors, schedule targeted
one-on-one meetings and enhance their presentations with dynamic
video content. Accelerating the next level of investor engagement,
Virtual Investor Conferences delivers leading investor
communications to a global network of retail and institutional
investors.
CONTACTS:Global Atomic
CorporationBob TaitVP Investor RelationsTel: +1 (416)
558-3858Email: bt@globalatomiccorp.com
Virtual Investor ConferencesJohn M. ViglottiSVP
Corporate Services, Investor AccessOTC Markets Group (212)
220-2221johnv@otcmarkets.com
Global Atomic (TSX:GLO)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Global Atomic (TSX:GLO)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024