Global Atomic Confirms 90% Ownership of Dasa Project

Global Atomic Corporation announced today that it is has received formal notification from the Republic of Niger that the Government will not increase its ownership stake in the Company’s Dasa Uranium Project beyond the minimum 10% interest decreed under the Mining Code. Global Atomic will now take steps to establish its Niger mining subsidiary of which Global Atomic will own a 90% equity interest and the Republic …

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today that it is has received formal notification from the Republic of Niger that the Government will not increase its ownership stake in the Company’s Dasa Uranium Project beyond the minimum 10% interest decreed under the Mining Code. Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) Global Atomic will now take steps to establish its Niger mining subsidiary of which Global Atomic will own a 90% equity […]

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