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Global Atomic Provides 2025 Summary and 2026 Outlook
Global Atomic Provides 2025 Summary and 2026 Outlook Canada NewsWire TORONTO , ...

About this update from Global Atomic Corporation
[{"type":"text","content":"\n\n\nGlobal Atomic Provides 2025 Summary and 2026 Outlook\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\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Dec. 30, 2025 /CNW/ - Global Atomic Corporation (\"Global Atomic\" or the \"Company\"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) today provided a summary of 2025 and its outlook for 2026.\n\n\n\n\n\n\n\nStephen G. Roman, President and CEO of Global Atomic, stated, \"As we close 2025 in Niger, we look back on a year of significant development at Dasa. We benefitted from strong government support. We had high regional excitement about the prosperity that Dasa has been delivering through job creation, the use of local contractors and our community engagement program. Our biggest challenge continued to be financing delays for either a minority JV solution or a debt facility with the U.S. development bank. The bank ended the year with positive news that their approval process for Dasa had moved forward to investment committee review.\" \n\"Our primary objective for 2026 is to obtain full funding for Dasa. With funding in place, we intend to accelerate Dasa's development to meet strengthening demand for uranium. We also expect our zinc recycling JV in Türkiye to perform well with dividends payable to the JV partners, Befesa and Global Atomic.\" \n\"We wish all our shareholders and families a Happy New Year and all the best for 2026.\"\nDasa Site Development\nThe mine was extended both vertically and laterally. Mine development included infrastructure to manage ventilation, electrical, water and particularly safety to support the mining team. The heavily used access ramp has been paved down to the third level adjacent to the footwall of the ore body.\nSite preparation for the processing plant has advanced significantly with earthworks complete on the majority of terraces and civil works progressing well across the site. All of this work has been achieved with the use of local contractors under the supervision of our local SOMIDA team.\nThe Q4 2025 video update on the development of the Dasa Project, including recent meetings with the...