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Global Atomic Announces Closing of Bought Deal Public Offering and Non-Brokered Private Placement for Aggregate Gross Proceeds of C$72.5 Million
Global Atomic Announces Closing of Bought Deal Public Offering and Non-Brokered Private Placement...
About this update from Global Atomic Corporation
[{"type":"text","content":"\n\n\nGlobal Atomic Announces Closing of Bought Deal Public Offering and Non-Brokered Private Placement for Aggregate Gross Proceeds of C$72.5 Million\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\nTORONTO, Feb. 2, 2026 /CNW/ - Global Atomic Corporation (\"Global Atomic\" or the \"Company\") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today the closing of its previously announced \"bought deal\" public offering (the \"Brokered Offering\") for gross proceeds of approximately C$28,750,000, which includes the exercise in full of the over-allotment option. Pursuant to the Brokered Offering, the Company sold 32,670,454 units of the Company (each, a \"Brokered Unit\") at a price of C$0.88 per Unit (the \"Offering Price\"). \n\n\n\n\n\n\n\nThe Company also completed its previously announced non-brokered private placement (the \"NB Offering\") for gross proceeds of approximately C$43,750,000 from the sale of an additional 49,715,909 units of the Company (each, a \"NB Unit\" and together with the Brokered Units, the \"Units\") at the Offering Price.  The Brokered Offering together with the NB Offering (the \"Offerings\") raised gross proceeds of approximately C$72,500,000.\nEach Unit issued pursuant to the Offerings consists of one common share of the Company (each, a \"Common Share\") and one common share purchase warrant (each, a \"Warrant\").  Each Warrant entitles the holder thereof to purchase one Common Share at a price of C$1.15 at any time on or before February 2, 2029.\nThe Brokered Offering was conducted by a syndicate of underwriters led by Red Cloud Securities Inc. (\"Red Cloud\"), as lead underwriter and sole bookrunner, and included Canaccord Genuity Corp. Red Cloud acted as finder in connection with the NB Offering.\nThe Brokered Offering was completed pursuant to a short-form prospectus dated January 28, 2026 (the \"Prospectus\") filed with the securities regulatory authorities in each of...