Global Atomic (GLO:CA) Launches C$50 Million Non-Brokered Private Placement

Written by Emily J. Thompson, Senior Investment Analyst

Source: seekingalpha

Updated: Jan 12 2026

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Should l Buy GLO?

Source: seekingalpha

Funding Size: Global Atomic has initiated a non-brokered private placement aiming to raise up to C$50 million, reflecting the company's proactive fundraising strategy in the capital markets.
Unit Issuance: The offering will sell up to 56.82 million units priced at C$0.88 each, consisting of one common share and one common share purchase warrant, enhancing investor participation interest.
Warrant Terms: Each warrant allows the holder to purchase one common share at C$1.15 within 36 months following the issuance, providing potential future value appreciation and attracting more investor attention.
Use of Proceeds: The company intends to utilize the net proceeds for advancing the Dasa Project and for general working capital, indicating its commitment to project development and confidence in future growth.

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About GLO

Clough Global Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide a high level of total return and current income. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed-income securities, including both corporate and sovereign debt. Its investment portfolio includes common stocks, preferred stocks, corporate bonds, convertible corporate bonds, asset-backed securities, convertible corporate bonds, and government and agency obligations. It invests in various sectors, such as consumer discretionary, energy, financials, healthcare, industrials, information technology, real estate, and communications services. The Fund holds investments in various countries, including the United States, China, France, Germany, Switzerland, Canada, and Hong Kong. Investment advisor of the Fund is Clough Capital Partners L.P.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Global Atomic Corporation Files Amended Technical Report for DASA Project

Jan 13 2026Yahoo Finance

Report Amendments: Global Atomic Corporation has filed an amended Technical Report for the DASA Project following a review by the Ontario Securities Commission, which includes removing general disclaimers and ensuring qualified persons take responsibility for all sections, aimed at enhancing compliance and transparency.
Project Progress: The DASA Project, discovered in 2010, is fully permitted and expected to commence production in H2 2027, marking a significant advancement in the company's uranium development efforts and enhancing its competitive position in the market.
Zinc Recycling Operations: The company holds a 49% stake in the Befesa Silvermet joint venture in Turkey, which utilizes modern technology to recover zinc from Electric Arc Furnace Dust, producing high-grade zinc oxide concentrate for global smelters, thereby solidifying its market presence.
Future Development Outlook: Global Atomic has identified three additional uranium deposits in Niger that may be advanced with further assessment work, demonstrating the company's potential and strategic positioning in uranium resource development.