Global Atomic Announces Results of Annual Meeting
NEWS RELEASE
GLOBAL ATOMIC ANNOUNCES RESULTS OF ANNUAL MEETING
Toronto, ON, June 23, 2022: Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt:
G12; OTCQX: GLATF) today announced shareholder voting results from the Annual General & Special Meeting of
Shareholders held June 23, 2022.
Directors were elected to the Board as per the voting results in the table below:
Director Nominee For % Withheld %
Tracey J. Arlaud 59,482,315 99.88 67,276 0.11
Asier Zarraonandia Ayo 59,468,413 99.86 81,178 0.14
Dean R. Chambers 59,255,675 99.51 293,916 0.49
Richard R. Faucher 59,255,374 99.51 294,217 0.49
Fergus P. Kerr 59,482,956 99.89 66,635 0.11
Derek C. Rance 51,330,878 86.20 8,218,713 13.80
Stephen G. Roman 59,495,315 99.91 54,276 0.09
Shareholders also approved the re-appointment of PricewaterhouseCoopers LLP as Auditors of the Company and
all unallocated entitlements under the Company’s Stock Option Plan for the period ended June 23, 2025.
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, high-grade Dasa
Project, discovered in 2010 by Global Atomic geologists throu gh 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 commercial production. The Phase 1 Feasibility Study for Dasa was filed in December 2021
and estimates Yellowcake production to commence by the end of 2024. Mine excavation began in Q1 2022.
Global Atomics’ Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (“BST”) Joint
Venture, which operates a modern zinc production 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 par tner, 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 fac ilities located
throughout Europe, Asia and the United States of America.
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 Atomic’s development potential and timetable of its operations, development and exploration assets; Global 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, development and exploration; cost of future activities; capital
and operating expenditures; success of exploration activities; mining or processing issues; curr ency 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”, “targets”, “expects”, “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”,
“does not anticipate”, or “believes” or variations of such words and phrases or statements that certain actions, events or results “could”, “would”, “might”, “will be taken”, “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 other factors that
may cause the actual results, level of activity, performance or achievements of Global Atomic to be materially 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 management 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 differ materially from those anticipated in such stateme nts. 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.