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$GLO.TO

2 stories mentioning GLO.TOUpdated 34d ago

Every FINWIRES story that references GLO.TO, newest first.

Oil & Energy

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

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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Mining & Metals

Global Atomic Re-establishes At-The-Market Equity Program

Global Atomic (GLO.TO) re-established an At-The-Market equity program (ATM) which allows it to issue, at its discretion, its common shares having an offering price of up to C$50 million to the public from time to time during the period ended April 30, 2028, it said overnight Thursday.The ATM replaces its previous ATM that expired Dec. 21, 2025, under which it issued 13.4-million common shares to raise $13.48 million at $1.00 apiece over a two-year period.The company intends to use proceeds from the ATM for the continued development of its Dasa Project in the Republic of Niger and for general corporate needs.Shares of the company closed down 5% to $0.76 on Thursday on the Toronto Stock Exchange.

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