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Global Atomic Announces Results Of Annual Meeting
TORONTO, June 23, 2022 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) today announced sharehold
About this update from Global Atomic Corporation
[{"type":"text","content":" TORONTO, June 23, 2022 /CNW/ - Global Atomic Corporation (\"Global Atomic\" or the \"Company\") (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) today announced shareholder voting results from the Annual General & Special Meeting of Shareholders held June 23, 2022. Directors were elected to the Board as per the voting results in the table below: Director Nominee For % Withheld % Tracey J. Arlaud 59,482,315 99.88 67,276 0.11 Asier Zarraonandia Ayo 59,468,413 99.86 81,178 0.14 Dean R. Chambers 59,255,675 99.51 293,916 0.49 Richard R. Faucher 59,255,374 99.51 294,217 0.49 Fergus P. Kerr 59,482,956 99.89 66,635 0.11 Derek C. Rance 51,330,878 86.20 8,218,713 13.80 Stephen G. Roman 59,495,315 99.91 54,276 0.09 Shareholders also approved the re-appointment of PricewaterhouseCoopers LLP as Auditors of the Company and all unallocated entitlements under the Company's Stock Option Plan for the period ended June 23, 2025. 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 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 production to commence by the end of 2024. Mine excavation began in Q1 2022. Global Atomics' 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, 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 is the operator of the BST Joint Venture. Befesa is a market leader in EAFD recycling, with approximately 50% of the European EA...