Global Atomic (TSE:GLO) has released an update.
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Global Atomic is moving forward with the development of the Dasa Uranium Project in Niger, considering various financing options including a significant US$295 million debt facility led by a U.S. development bank. The company is exploring multiple avenues such as pre-payment contracts, strategic equity investments, and joint venture partnerships to secure the necessary funds. With the debt financing facility nearing the final stages of approval, Global Atomic is optimistic about the project’s alignment with U.S. strategic priorities.
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