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Global Atomic Delays Dasa Project Financing Review

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Global Atomic Delays Dasa Project Financing Review

Global Atomic (TSE:GLO) has released an update.

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Global Atomic Corporation has announced the postponement of the Credit Committee review for the Dasa project’s debt financing by a U.S. Development Bank to August, with final board approval expected in October. In addition, the company is exploring alternative financing options, including joint ventures, as it develops its high-grade uranium Dasa Deposit and operates a profitable zinc concentrate production joint venture.

For further insights into TSE:GLO stock, check out TipRanks’ Stock Analysis page.

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