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Global Atomic up 4% as It Confirms Niger Government Support For the Dasa Project

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Global Atomic (GLO.TO) was up over 4% on last look, after the company on Tuesday said the government of Niger continues to express support for the Dasa project.

Global Atomic's executive team visited the Dasa Project site last week and separately met with the president of Niger, Abdourahamane Tiani, who said in a letter "The Dasa Project represents a major strategic investment for our country, both in terms of its economic potential and its expected contribution to the responsible development of national mineral resources, job creation, skills transfer and infrastructure strengthening in the region concerned."

The Dasa Project is owned 80% by SOMIDA, the company's Niger subsidiary, and 20% by the Niger government.

Global Atomic shares were last seen up $0.04 to $0.73 on the Toronto Stock Exchange.

Price: $0.73, Change: $+0.04, Percent Change: +5.80%

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