2024-01-25 | TSX:GLO | Press Release

Date:

TORONTO, Jan. 25, 2024 /CNW/ – Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is issuing this clarification notice to ease concerns raised by some of its shareholders about a recent announcement by the Mines Ministry in the Republic of Niger to suspend grants of new permits.

The original notification by the Mines Ministry addresses concerns, that not all the gold mined by the large number of small-scale artisanal miners in the country, is being legally declared to the government.

This announcement neither affects Global Atomic’s SOMIDA subsidiary, which operates the Dasa Mine, nor any other mines or development projects in the nation’s uranium mining sector. As previously reported the Dasa Mine mining permit was granted at the end of 2020 in accordance with Niger’s Mining Code and is not under review.

The following statement was subsequently issued in French by the country’s…

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