Global Atomic Corp. reports company developments tied to financing activity, public offerings, and advancement of its Dasa Project. News for GLATF includes capital-market actions such as unit offerings and private placements, related prospectus and resale arrangements, and stated use-of-proceeds plans for project advancement and general working capital.
Global Atomic (GLATF) priced a C$50 million public unit offering of equity and warrants on September 23, 2026.
The company agreed with sole underwriter Red Cloud Securities to sell 100,000,000 units at C$0.50 per unit, for aggregate gross proceeds of C$50,000,000. Each unit comprises one common share and one-half warrant. Each whole warrant is exercisable at C$0.70 for one common share for 36 months after the expected October 1, 2026 closing date.
Red Cloud holds a 30‑day over‑allotment option of up to 15% of the units, exercisable in units, shares and/or warrants. Net proceeds are intended for advancement of the Dasa uranium project in Niger and for general working capital. Closing is subject to customary regulatory approvals, including from the TSX.
Global Atomic (GLATF) has entered into an agreement with Red Cloud Securities for an overnight marketed public offering of units, each consisting of one common share and one-half warrant, expected to close on or about October 1, 2026, subject to conditions.
Final unit pricing, warrant exercise price and term, number of units and gross proceeds will be set in the context of market conditions, and there is no assurance the offering will be completed. Global Atomic plans to grant Red Cloud a 30‑day over‑allotment option for up to an additional 15% of the units, exercisable in units, shares and/or warrants. Net proceeds are intended for advancement of the Dasa uranium project and general working capital.
The company plans to file a prospectus supplement to its March 31, 2026 base shelf prospectus in all Canadian provinces and territories except Quebec, and may also sell units in the United States on a private placement basis under exemptions.
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.