GLOBAL ATOMIC PROVIDES DASA PROJECT UPDATE

Investing News Network

June 27, 2023

Global Atomic Corporation ("Global Atomic" or the "Company"), ( TSX: GLO ) (FRANKFURT: G12) (OTCQX: GLATF) is pleased to report on the continuing development of its Dasa Uranium Project in the Republic of Niger .

Stephen G. Roman , President & CEO, stated, " The primary question investors ask is regarding the timing of a term sheet for our banking syndicate’s Dasa Project loan facility. While this has been a much longer process than expected, the financing terms are in the final stage of completion, which, upon agreement, will then go to the banks’ Boards for approval prior to announcement to our shareholders." " We continue to make significant progress at the Dasa Project, having now put in place a mining and support team of over 200 people, the majority of which are local Nigeriens, comprised of both skilled workers, with extensive uranium mining […]

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