on Global Atomic Corporation (CVE:GLO)
Global Atomic Launches Proposed Public Offering of Units
Global Atomic Corporation, a company engaged in uranium and zinc production, has announced an agreement with Red Cloud Securities Inc. for a public offering of units. This offering includes common shares and warrants. Its completion is subject to market conditions and terms remain undetermined.
The offering grants Red Cloud an over-allotment option, allowing the purchase of additional units. The funds raised are intended for the Dasa Project and general capital needs. A prospectus supplement will be filed, with document accessibility through SEDAR+.
The offering's closure is targeted for October 1, 2026, contingent upon regulatory approvals, including from the TSX. The securities will not be registered under the U.S. Securities Act, limiting their sale in the United States.
R. E.
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