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Global Atomic Reports on the Announcement by Niger to terminate Military Cooperation with the United States
Global Atomic Reports on the Announcement by Niger to terminate Military Cooperation with the Uni...
About this update from Global Atomic Corporation
[{"type":"text","content":"\n \n \n \n Global Atomic Reports on the Announcement by Niger to terminate Military Cooperation with the United States\n \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 \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 18, 2024\n \n \n /CNW/ - Global Atomic Corporation (\"Global Atomic\" or the \"Company\"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) reports that the Republic of\n \n Niger\n \n announced its intention to terminate its military cooperation agreement with\n \n the United States\n \n , which has a large military base in Niger.  It remains unclear if a withdrawal of US troops will be required by\n \n Niger\n \n , as the US military base is used to patrol a larger section of the Sahel region beyond\n \n Niger's\n \n borders.\n \n \n \n \n \n \n \n \n \n \n Stephen G. Roman\n \n , President and CEO commented,\n \n \"With the situation in\n \n Niger\n \n being fluid, in addition to current advanced discussions with project lenders, the Company is also pursuing other financing strategies to meet its project funding requirements.   Given strong third-party interest in Global Atomic's high-grade uranium project and our plans for near-term production, there are many groups interested in funding the Dasa Project.  The Company will assess these options, monitor events in\n \n Niger\n \n and keep shareholders appraised.\"\n \n \n \n \n About Global Atomic\n \n \n \n Global Atomic Corporation (\n \n https://www.globalatomiccorp.com\n \n ) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.\n \n \n The Company's Uranium Division has identified three additional deposits in\n \n Niger\n \n additional to 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\n \n Niger\n \n , the Dasa Project is fully permitted for commercial production. Mine excavation began ...