Global Atomic Corporation · TSX:GLO
Global Atomic — Investor Presentation (January 2025)
29 slides from Global Atomic's investor presentation, January 2025
Slide 1: Global Atomic Corporation: Advancing the Dasa Uranium Project
GLOBAL ATOMIC CORPORATION Advancing the Dasa Uranium Project in the Republic of Niger Corporate Presentation JANUARY 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Global Atomic Corporation (“Global Atomic” or the “Company”) and includes information from sources believed by management to be reliable. No representation or warranty, expressed or implied, is made as to the accuracy of the information set forth her
Slide 3: Low-Carbon Baseload Power & Mineral Recycling
LOW-CARBON BASELOAD POWER & MINERAL RECYCLING URANIUM Republic of Niger Uranium will fuel the global reactor fleet to generate clean baseload power. HQ Canada Zinc Türkiye ZINC RECYCLING Uranium Niger Iskenderun, Türkiye Zinc concentrate produced by recycling Electric Arc Furnace Dust (EAFD), is a k
Slide 4: Dasa Leading the Way
LEADING THE WAY DASA PROJECT THE ONLY GREENFIELD URANIUM PROJECT UNDER DEVELOPMENT TODAY 4 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 5: Dasa is the highest-grade uranium deposit in Africa
Dasa is the highest- grade uranium deposit in Africa, situated in Niger’s established uranium district 5 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 6: Dasa Project at a Glance
DASA PROJECT AT A GLANCE Grade: highest grade outside of the Athabasca Basin Permits & Team: mining permits secured; operating team engaged 2024 Feasibility Study: 68.1 Mlb U3O8 to be produced over 23 years Mining: ramp to orebody completed; level development underway Plant Construction: earthworks
Slide 7: 2023 Mineral Resource Estimate
COMPARATIVE GRADE / TONNAGE REPORT AT VARYING CUT-OFF GRADES 2023 MINERAL RESOURCE ESTIMATE May 2023 Revised Estimate eU3O8 (ppm) Tonnes (Mt) eU3O8 Mlbs Contained Uranium Uranium Content Cut-Off Category Indicated 103.6 803 183.5 100 Inferred 71.0 636 99.5 Indicated 44.9 1,602 158.5 320 Inferred 25.
Slide 8: 2024 Feasibility Study Highlights
2024 FEASIBILITY STUDY HIGHLIGHTS Summary Project Metrics @ US$75/lb U3O8 (USD) Project Economics After-tax NPV (8% discount rate) US$M $917 After-tax IRR % 57% Cash flow (before CapEx & taxes) US$M $2,948 Undiscounted after-tax cash flow (net of CapEx) US$M $1,839 After-tax payback period from Jan
Slide 9: 2024 Feasibility Study Highlights
2024 FEASIBILITY STUDY HIGHLIGHTS Production: 68.1 Mlb U3O8 over 23 years Reserve Grade: 4,113 ppm; 5,109 ppm in the first 12 years Yellowcake deliveries are scheduled to begin Q1 2026 Feasibility Study assumed a base U3O8 price of $75/lb Dasa Project Economic sensitivity with varying uranium prices
Slide 10: Value Opportunities
VALUE 2024 FEASIBILITY STUDY ESTIMATED PRODUCTION OPPORTUNITIES 6 2024 Feasibility Study • Infill drilling of 51.4 Mlb high-grade 5 (5,349 ppm) Inferred Resources is expected to increase reserve grade 4 and add mineable pounds U3O8. Millions lbs U3O8 3 • Grade control and definition drilling is unde
Slide 11: Project Financing
PROJECT 2024 FEASIBILITY STUDY - ESTIMATED CAPITAL COSTS FINANCING Capital Costs(1) (USD) Initial Capital (2) Sustaining Capital Total ($million) ($million) ($million) • Financing options via a debt facility Mining 58.8 218.7 277.5 from a development bank or via a Processing 83.2 38.9 122.1 Infrastr
Slide 12: 2024-2025 Mine Plan
2024-2025 MINE PLAN Return Air Vent Fresh Air Vent Level Level Level Level Level Level Level Level 12 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 13: Ramp decline and development reached ore body
Ramp decline began at the end of 2022. Ramp development reached ore body in late 2023. Development tonnes on surface: • 960 tonnes medium grade ore (3,000 to 5,000 ppm) • 11,370 tonnes low grade ore (1,300 to 3,000 ppm) • 18,050 tonnes mineralized waste (240 to 1,300 ppm) 13 TSX: GLO | OTCQX: GLATF
Slide 14: TSX: GLO | OTCQX: GLATF | FRA: G12
14 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 15: SAG Mill, Acid Plant and other major plant components arriving
SAG Mill, Acid Plant and other major Dasa Plant components now arriving at site 15 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 16: Employees and Contractors Working at Dasa
510 EMPLOYEES AND CONTRACTORS WORKING AT DASA 16 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 17: ESG Initiatives Since 2008
ESG INITIATIVES SINCE 2008: • Food during droughts • Medical supplies • Water wells & infrastructure • Education & training • Local, regional and national procurement of goods & services • ESIAs include significant consultation and baseline studies • Development Bank due diligence independently vali
Slide 18: Operations & ESG
OPERATIONS & ESG The Dasa Project significant benefits to local economy: • Royalty, tax and fee income to government and utilities • Employment of experienced local workforce • Recruitment of local labor, companies, and procurement • Training and mentorship programs • Support area agricultural initi
Slide 19: Niger's Mines Minister Delegation Visits Dasa Project
Niger’s Mines Minister Delegation visits Dasa Project May 3, 2024 19 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 20: Strong community relations & social engagement
Strong community relations & social engagement at the Dasa Project. 20 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 21: Significant Catalysts Leading to Uranium Deliveries in 2026
OUTLOOK SIGNIFICANT CATALYSTS LEADING TO URANIUM DELIVERIES IN 2026 2025 2026 • Project financing and/or joint venture approval Q1 • Declare commercial production • Complete construction • Yellowcake delivery to utilities • Commission processing plant • Infill & expansion drilling • Infill & expansi
Slide 22: Uranium Demand Exceeds Supply
URANIUM SUPPLY & DEMAND URANIUM DEMAND EXCEEDS SUPPLY Source: WNA/Fuel Link 2024 22 TSX: GLO | OTCQX: GLATF | FRA: G12
Slide 23: Befesa Silvermet, Türkiye
BEFESA SILVERMET, TÜRKİYE • Joint Venture (49%) with Befesa Zinc, the market leader in zinc recycling • Processes EAFD containing 20% to 30% zinc sourced from local steel mills • Produces a 65% to 70% zinc oxide concentrate for sale to smelters • Recovers high grade zinc & removes toxic elements fro
Slide 24: Zinc Recycling JV Production & Profitability
JV PRODUCTION & PROFITABILITY ZINC RECYCLING EAFD Processed (tonnes) Sales - Zinc (000 lbs) Avg. monthly LME Zinc price (US$/lb) • In 2024, the profit margin has 90,000 $1.80 80,000 $1.60 benefited from reduced unit 70,000 $1.40 costs in EAFD and coking coal. 60,000 $1.20 50,000 $1.00 • Significant
Slide 25: Experienced Independent Board of Directors
BOARD & MANAGEMENT EXPERIENCED INDEPENDENT BOARD OF DIRECTORS Stephen G. Roman Trace Arlaud Asier Zarraonandia Ayo Dean Chambers Richard Faucher Derek Rance Fergus P. Kerr Founder, Chairman, Independent Independent Independent Independent Independent Independent President and CEO Director Director D
Slide 26: Experienced Executive Team
BOARD & MANAGEMENT EXPERIENCED EXECUTIVE TEAM Stephen G. Roman Rein A. Lehari Tim Campbell Dr. Santiago Faucher Emre Toprak Bob Tait Founder, Chairman, Chief Financial VP ESG & Corporate Chief Technology VP Finance VP Investor President and CEO Officer Secretary Officer Relations Ex Director and VP
Slide 27: Experienced Niger Management Team
EXPERIENCED NIGER MANAGEMENT TEAM HQ NIAMEY Moussa Souley | Managing Director Issoufou Tidjani | Finance Director Maman Issa | Director of Human Resources DASA MINE SITE John Wheeler | Director of Operations & General Manager Daniele Valentino | Deputy Director of Operations & Assistant General Mana
Slide 28: Capital Structure
CAPITAL STRUCTURE C$205 M Global Atomic Share Price Performance (January 2, 2020 - December 31, 2024) Market Capitalization GLO Share Price (CAD) Uranium Juniors Adj. to GLO Base (CAD) TSX Composite Adj. to GLO B ase (CAD) C$0.78 263.4 M TSX Share Price Shares Issued* $5.00 As of Dec. 31, 2024 As of
Slide 29: Thank You!
THANK YOU! GLOBAL ATOMIC CORPORATION 8 King St E, Suite 1700 Toronto, ON M5C 1B5 +1 416-368-3949 globalatomiccorp.com info@globalatomiccorp.com 29 TSX: GLO | OTCQX: GLATF | FRA: G12