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The latest update is out from Global Atomic ( (TSE:GLO) ).
Global Atomic Corporation has successfully closed a non-brokered private placement, raising C$35.6 million, which will be used to advance the Dasa Project and for general working capital. This financial move, pending final approval from the Toronto Stock Exchange, positions the company to strengthen its operations and enhance its market standing, particularly in uranium mining and zinc production.
More about Global Atomic
Global Atomic Corporation is a publicly listed company that combines high-grade uranium mine development with cash-flowing zinc concentrate production.
YTD Price Performance: -28.87%
Average Trading Volume: 352,578
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $116.4M
For a thorough assessment of GLO stock, go to TipRanks’ Stock Analysis page.