Global Atomic Corporation Included in the TSX30
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NEWS RELEASE
Global Atomic Corporation Included in the TSX30
Toronto, ON, September 12, 2023: Global Atomic Corporation (“Global Atomic” or the “Company”),
(TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that the Company has been
included on the Toronto Stock Exchange (“TSX”) rankings for the 30 best stock price performances over
the last three years. The TSX30, established in 2019, is an annual ranking of the 30 top- performing
stocks over a three-year period ending June 30, 2023, based on share price appreciation.
Global Atomic President and CEO, Stephen G. Roman commented “We are very proud of our Team and
the work we have done to advance the Dasa Project since its discovery in 2010. Receiving this
acknowledgement from the Toronto Stock Exchange and being included in the TSX30 is a major
recognition of all the hard work our Team has accomplished over the past 3 years advancing this world
class asset. While more recent share price performance has reflected the uncertainty about the outcome
of political issues in Niger, the fundamentals of the Dasa Project continue to improve as we advance our
production milestones. We are confident the Dasa Mine will soon become the highest-grade and lowest-
cost uranium mine in Africa. We thank all shareholders who have supported us over the last three years
and continued to do so during these recent events.”
About Global Atomic
Global Atomic Corporation (https://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 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 commercial production. The Phase 1 Feasibility
Study for Dasa was filed in December 2021 and estimates yellowcake delivery to utilities to commence
in 2025. Mine excavation began in Q1 2022.
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 production 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.
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]
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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.