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GLO.TO ·

Global Atomic Announces Date for its Annual Meeting of Shareholders

Shareholder Meetings

NEWS RELEASE

Global Atomic Announces Date for its Annual Meeting of Shareholders

Toronto, ON, May 27, 2021: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO,

OTCQX: GLATF, FRANKFURT: G12) will webcast its Annual General Meeting of Shareholders (“AGM”) on

Thursday, June 24, 2021 at 10:30 a.m. (Toronto time).

Again t his year, recognizing the widespread cancellation of p ublic events for the protection of

individuals and public safety in the face of the ongoing COVID -19 pandemic, the AGM will be held in a

virtual-only format via a live audio webcast at https://virtual-meetings.tsxtrust.com/1117.

Registered shareholders and duly appointed proxyholders who participate in the AGM on line will be

able to listen to the proceedings, ask questions and vote at the AGM in real time. Shareholders will not

be able to atend the AGM physically. Please see “Attending, Participating a nd Voting at the Virtual

Meeting” in the Management Information Circlular for detailed instructions on how to at tend,

participate and vote at the AGM.

The Management Information Circular and related meeting materials are available on the Company’s

website at www.globalatomiccorp.com/investors/annual-general-meeting-of-shareholders/ and under

the Company’s SEDAR profile at www.sedar.com.

About Global Atomic

Global Atomic Corporation ( www.globalatomiccorp.com) is a publicly listed company that provides a

unique combination of high -grade uranium mine development and cash -flowing zinc concentrate

production.

The Company’s Uranium Division includes four deposits with the flagship project being the large,

highgrade Dasa Project, discovered in 2010 by Global Atomic geologists through grassroots field

exploration. With the issuance of the Dasa Mining Permit and an Environmental Compliance Certificate

by the Republic of Niger, the Dasa Project is fully permitted for commerc ial production. Final design in

support of the Company’s Feasibility Study is on-going.

Global Atomics’ Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (“BST”)

Joint Venture, which operates a new, state of the art zinc prod uction plant, located in Iskenderun,

Turkey. The plant recovers zinc from Electric Arc Furnace Dust (“EAFD”) to produce a high -grade zinc

oxide concentrate which is sold to zinc smelters around the world. The Company’s joint venture partner,

Befesa Zinc S.A.U. (“Befesa”) listed on the Frankfurt exchange under ‘BFSA’, holds a 51% interest in and

is the operator of the BST Joint Venture. Befesa is a market leader in EAFD recycling, with approximately

50% of the European EAFD market and facilities located throughout Europe and Asia.

Key contacts:

Stephen G. Roman

Chairman, President and CEO

Tel: +1 (416) 368-3949

Email: [email protected]

Bob Tait

VP Investor Relations

Tel: +1 (416) 558-3858

Email: [email protected]

The information in this release may contain forward-looking information under applicable securities laws. Forward -looking information includes, but is not limited to, statements with respect to completion of

any financings; Global Atomics’ development potential and timetable of its operations, development and exploration assets; Gl obal Atomics’ ability to raise additional funds necessary; the future price of

uranium; the estimation of mineral reserves and resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production,

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development and exploration; cost of future activities; capital and operating expenditur es; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of

mining operations; and environmental and permitting risks. Generally, forward -looking statements can be identified by the use of forward -looking terminology such as “plans”, “is expected”, “estimates”,

variations of such words and phrases or statements that certain actions, events or results “could”, “would”, “might”, “will be taken”, “will begin”, “will include”, “are expected”, “occur” or “be achieved”. All

information contained in this news release, other than statements of current or historical fact, is forward -looking information. Statements of forward -looking information are subject to known and unknown

risks, uncertainties and ot her factors that may cause the actual results, level of activity, performance or achievements of Global Atomic to be material ly different from those expressed or implied by such

forward-looking statements, including but not limited to those risks described in the annual information form of Global Atomic and in its public documents filed on SEDAR from time to time.

Forward-looking statements are based on the opinions and estimates of management at the date such statements are made. Although mana gement of Global Atomic has attempted to identify important

factors that could cause actual results to be materially different from those forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can

be no assurance that such statements will prove to be accurate, as actual results and future events could d iffer materially from those anticipated in such statements. Accordingly, readers should not place

undue reliance upon forward-looking statements. Global Atomic does not undertake to update any forward-looking statements, except in accordance with applicable securities law. Readers should also review

the risks and uncertainties sections of Global Atomics’ annual and interim MD&As.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this news release.