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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, ON / ACCESS Newswire / January 13, 2026 / Global Atomic Corporation ("Global Atomic" or the "Company") (TSX:GLO)(OTCQX:GLATF)(FRANKFURT:G12) is pleased to announce that in addition to the non-brokered private placement announced in the news release of the Company dated January 12, 2026, the Company has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud"), as lead underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 28,409,091 units of the Company (each, a "Unit") at a price of C$0.88 per Unit (the "Offering Price") on a "bought deal" basis for gross proceeds of approximately C$25,000,000 (the "Underwritten Offering"). Each Unit will consist of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each whole common share purchase warrant, a "Warrant").
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement (the “Offering”) from C$15,000,000 to C$20,000,000. Under the revised Offering, the Company will sell 14,814,815 units of the Company (each, a “Unit”) at a price of C$1.35 per Unit.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 23, 2024 (GLOBE NEWSWIRE) -- Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$15,000,000 from the sale of up to 11,111,111 units of the Company (each, a “Unit”) at a price of C$1.35 per Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.
The market valuation has dropped by a quarter since the coup took place, and I think this seems unjustified since the development of Dasa is ongoing. In my view, a peaceful resolution to the situation could be around the corner, and this could boost the market valuation of Global Atomic. I think that the company should be worth over $470 million at $60 per pound of uranium.
Energy security is of growing importance, and nuclear power can provide large amounts of non-intermittent, low-carbon, baseload electricity production. Uranium mine operations around the globe are not producing enough yellowcake to satisfy demand, driving up the price of uranium. Global Atomic's Dasa mine has significant, high-grade uranium deposits that could meet a few percent of global uranium demand for about a decade.
(Kitco News) - Uranium developer Global Atomic (TSX: GLO) announced today that the company has formalized its June 2022 letter of intent by signing a definitive agreement with a major North American utility for their procurement of uranium from the Dasa project.
Intelligent investors are supposed to invest in "eating sardines," with Global Atomic being one. Exceptional project economics. Full permit. The right jurisdiction. Ongoing construction. Undervaluation. Near-term catalysts. Great management. Global Atomic ticks every single box of a winning investment opportunity.
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