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Bullboard - Stock Discussion Forum Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation provides a combination of high-grade uranium mine development and zinc concentrate production. It has two principal lines of business: the processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkiye through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters (EAFD Business); and the acquisition... see more

TSX:GLO - Post Discussion

Global Atomic Corp > Another cap in hand company
View:
Post by goldanalyst on Jan 24, 2023 5:47pm

Another cap in hand company

coming to market begging for cash

https://money.tmx.com/en/quote/GLO/news/4851291851387751/Global_Atomic_Announces_Proposed_Public_Offering_of_Units
Comment by ToadyToadman on Jan 24, 2023 7:56pm
from a post on CEO https://twitter.com/airic101/status/1618019401646903297?s=20&t=_xiAccHxOjIqNT5iM6Sy7Q $70 million at $3.50 plus half warrant with 30 million shares added (fully diluted) = 16% dilution.  Share price will be around $3.00 after this Gross DYODD GLTA
Comment by gossamer18 on Jan 25, 2023 1:10am
This post has been removed in accordance with Community Policy
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