Global Atomic Strengthens Board of Directors
NEWS RELEASE
Global Atomic Strengthens Board of Directors
Toronto, ON, May 10 , 2021: Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO;
Frankfurt: G12; OTCQX: GLATF) is pleased to announce the appointment of Dean Chambers, P.Eng, ICD.D
to the Company’s Board of Directors effective immediately.
Mr. Chambers is a professional engineer and financial executive with extensive operational, financial,
M&A, capital project, and project finance experience. His career as a senior executive in the mining and
chemical industries includes progressive positions with The Dow Chemical Company, Falconbridge
Limited, Dynatec Corporation and Sherritt International. At the time of his retirement from Sherritt in
2017, Mr. Chambers held the position of Executive Vice President and CFO. He currently serves as an
independent director on the Boards of Clean Air Metals and Mountain Province Diamonds. Previously,
he served as an independent director and chair of the audit committee on the Board of North America n
Palladium. Mr. Chambers holds the ICD.D designation from the Institute of Corporate Directors. He also
serves on the Industrial Advisory Committee for the Engineering and Management program at
McMaster University.
Stephen G. Roman, Chairman, President a nd CEO of Global Atomic said, “ During his extensive career in
the mining and chemical industries , Dean Chambers led numerous large capital market, M&A, and
project finance transactions. His wealth of experience in this area is a welcome addition to our Board as
we complete the feasibility study for the Dasa Project and arrange project financing to begin
construction early next year. His financial expertise will be a valued addition to our Audit Committee.”
In joining Global Atomic Board of Directors, Mr. Chambers commented, “I am excited by this opportunity
to join the Global Atomic team. It is impressive how management has structured the Company and the
Dasa Project and it is a privilege to join them at this early stage of such a long-life asset. I look forward
to contributing to Global Atomic’s success as it continues to meet the critical development milestones to
bring Dasa into production.”
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 Urani um 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 Comp liance Certificate
by the Republic of Niger, the Dasa Project is fully permitted for commercial 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 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 partner,
Befesa Zinc S.A.U. (“Befesa”) listed on the Frankfurt exchange under ‘BFSA’, holds a 51% interest in and
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is the operator of the BST Joint Venture. Befesa is a market leader in EA FD 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 pot ential 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”,
variations of such words and phrases or statements that certain actions, events or results “could”, “would”, “might”, “will be tak en”, “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 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 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 differ materially from those anticipated in such statements. Accordingly, readers sho uld 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.