Global Atomic Corporation - Investors

Global Atomic provides a unique combination of high grade uranium development and cash flow from a recycling facility that produces zinc concentrate.

According to the Dasa Project Feasibility Study filed in 2024 and revised in 2026, Dasa is expected produce 68.1 Mlbs U₃O₈ over a 23-year mine plan, with a 57% after-tax IRR using a base price of US$75/lb U₃O₈
Highest grade uranium deposit in all of Africa, second only to deposits in Canada’s Athabasca Basin, with a Mineral Reserve average grade of 4,113 ppm; 5,109 ppm in the first 12 years
80% owned by Global Atomic; 20% owned by the Republic of Niger that is strongly supporting the Project
A large deposit with 183 MlbsU₃O₈ of Indicated Resources and 99 Mlbs of Inferred Resources using a 100 ppm cut-off grade
Ore body remains open at depth and along strike, with significant exploration potential in the tenement area

Republic of Niger producing uranium continuously since 1971, exporting to nuclear power utilities in France, United States and other global destinations
Favourable permitting environment
Supportive government with an established Mining Code and excellent in-county infrastructure including roads, grid power, and water supply as well as a trained work force as a legacy of over 50 years of uranium mining

This JV is owned 49% by Global Atomic, is 51% owned and operated by Befesa Inc., a world leader in dust recycling
The Waelz Kiln has an annual throughput capacity 110,000 tonnes per annum able to produce 60 million pounds of zinc concentrate
The cost of the plant modernization and expansion in 2019 has been fully recovered from cash flow from operations
Improved availability of the operation’s primary feedstock—electric arc furnace dust (EAFD) from local steel mills—together with lower input costs, is driving profitable operations
Productivity at local steel mills, the source of EAFD, has stabilized since the earthquakes in early 2023 and the preceding COVID pandemic

Investment Case