Global Atomic Announces Results of Annual Meeting
NEWS RELEASE
GLOBAL ATOMIC ANNOUNCES RESULTS OF ANNUAL MEETING
Toronto, ON, June 26, 2024: Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt:
G12; OTCQX: GLATF) today announced shareholder voting results from the Annual General and Special Meeting
of Shareholders held June 26, 2024.
A total of 105,156,925 common shares representing 50.2% of the common shares outstanding as of the Record
Date; May 13, 2024 were voted.
Directors were elected to the Board as per the voting results in the table below:
Director Nominee Votes For % Withheld %
Tracey J. Arlaud 90,785,293 99.24 697,413 0.76
Asier Zarraonandia Ayo 90,768,952 99.22 713,754 0.78
Dean R. Chambers 89,922,573 98.30 1,560,133 1.70
Richard R. Faucher 89,914,903 98.29 1,567,803 1.71
Fergus P. Kerr 90,794,638 99.25 688,068 0.75
Derek C. Rance 74,619,604 81.57 16,863,102 18.43
Stephen G. Roman 90,662,351 99.10 820,355 0.90
Shareholders also approved the re-appointment of Ernst & Young LLP as Auditors of the Company and adoption
of By-Law No. 4 of the Corporation which sets advance notice requirements for the nomination of D irectors by
shareholders.
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 is currently developing the fully permitted, large, high grade Dasa Deposit,
discovered in 2010 by Global Atomic geologists through grassroots field exploration. The “First Blast Ceremony”
occurred on November 5, 2022, and co mmissioning of the processing plant is scheduled for Q1, 2026. Global
Atomic has also identified 3 additional uranium deposits in Niger that will be advanced with further assessment
work.
Global Atomic’s Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture,
which operates a modern zinc recycling plant, located in Iskenderun, Türkiye. 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) 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, Asia and the United States of America.
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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; 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”, “is expected”, “estimates”, variat ions 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 c ontained 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 d iffer materially from those anticipated in such statements. Accordingly, readers should not place undue reliance upon forwar d-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.