Global Atomic Provides Update on Niger Operations


Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO) (FRANKFURT: G12) announced today that it has received notice that a local court in Agadez, Niger issued several orders against one of the Company’s subsidiaries in Niger Société Minere de DASA S.A. avec CA (" SOMIDA "), in response to demands from certain local organizations. SOMIDA is a joint venture between the Company and the Republic of the Niger with the Company owning an 80% interest and the government a 20% interest. Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) The court issued several orders. One order requires SOMIDA to cease all operations under the Adrar Emoles 4 (" AE4 ") exploration permit, which is held by the Company’s subsidiary, Global Atomic Fuels Corporation. However, Global Atomic Fuels Corporation […]

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