Welcome to our dedicated page for Global Atomic news (Ticker: GLATF), a resource for investors and traders seeking the latest updates and insights on Global Atomic stock.
Global Atomic Corporation (GLATF) is a publicly listed company that combines high-grade uranium mine development with zinc concentrate production. Its news flow reflects activities in both its Uranium Division, centered on the Dasa Deposit in Niger, and its Base Metals Division, which participates in zinc recycling through a joint venture plant in Türkiye.
On this page, readers can review announcements from Global Atomic related to capital markets transactions, such as bought deal public offerings and private placements. For example, the company has disclosed a bought deal public offering of units consisting of common shares and common share purchase warrants, with stated use of proceeds for advancing the Dasa Project and for general working capital purposes.
News items may also cover milestones in the development of the Dasa Deposit, including references to permitting status and key events like the First Blast Ceremony. In addition, updates may describe the performance and operations of the Befesa Silvermet Turkey Joint Venture, which operates a zinc recycling plant that recovers zinc from Electric Arc Furnace Dust to produce high-grade zinc oxide concentrate.
Investors and observers can use this news feed to follow Global Atomic’s financing activities, project development updates, and joint venture developments as disclosed by the company. This page serves as a central location for company-issued news releases and related market communications.
Global Atomic (OTCQX:GLATF) announced a bought deal underwritten offering to raise approximately C$25.0 million by selling 28,409,091 Units at C$0.88 per Unit. Each Unit includes one common share and one warrant exercisable at C$1.15 for 36 months. The underwriter, Red Cloud Securities, has a 15% over-allotment option exercisable for 30 days. Net proceeds are intended for advancement of the Dasa Project and general working capital. Closing is expected on or around January 29, 2026, subject to regulatory approvals including the Toronto Stock Exchange. Units will be distributed by short-form prospectus in Canada (except Québec) and by private placement where permitted outside Canada.