Global Atomic Corporation reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira. As a matter of course, BST regularly repatriates a portion of its revenue from U.S. dollars to Turkish lira to cover operating costs related to items such as …
Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey (‘BST"), following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira. As a matter of course, BST regularly repatriates a portion of its revenue from U.S. dollars to Turkish lira to cover operating costs related to items such as salaries and locally supplied raw materials. About […]
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