TORONTO, ON, June 21, 2021 /CNW/ - Global Atomic
Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX:
GLATF) (FRANKFURT: G12) announced today the appointment of four new
members to its operations and corporate teams as the Company nears
the completion of its Feasibility Study for the Dasa Uranium
Project in the Republic of Niger.
Recent appointments include:
- Pierre Hardouin, VP Finance
- Ian Moffatt, Project
Superintendent, Dasa Project
- Becher Raffoul, Information
Technology Manager
- Jacques Tremblay, P. Eng.,
Manager, Mining Operations, Dasa
Project
Stephen G. Roman, President &
CEO of Global Atomic, commented, "Global Atomic is on track to
complete the Feasibility Study for the Dasa Project and to begin
excavating the mine portal in Q1, 2021. In preparation for
mine construction, we have begun to strengthen our on site
operating team to ensure a smooth transition into full mine
development. With the addition of these talented individuals to
fill key roles in the organization, we add significant experience
in mining development and operations, project management, risk
management and finance."
"Since all business operations in Niger are done in the French language, our
team is fully bilingual as well as experienced in West African
mining. With a core management team in place, we have begun the
recruitment process in Niger to
source and hire local talent in order to employ many of the
professional uranium miners recently employed at the Cominak mine,
which was depleted after almost 50 years of operation."
Pierre Hardouin, MBA, CPA,
CMA is a Senior Financial Executive and professional
accountant with extensive knowledge in the uranium industry.
Most recently Pierre was CFO with Orano Canada Inc. where he
held several roles from 2004 to 2021. Pierre brings 25 years
of financial and technical experience in uranium mining and other
industries which will be a significant asset to Global Atomic's
team.
Ian Moffatt is a
heavy equipment and operations management specialist with
significant experience in logistics, supply, construction and
budgeting. Ian was most recently with Harte Gold Corp., where
he was responsible for all surface operations during the
construction and operation of the new Sugar Zone gold mine in
Northern Ontario. Prior to that he worked for Global Atomic
establishing the Dasa Project exploration camp as well as managing
construction, logistics, health and security functions in
Niger. Ian has 22 years of
experience with the Canadian Military as a logistics specialist
including deployments to Afghanistan, Bosnia, Africa and Central
America.
Becher Raffoul is an
Enterprise Resource Planning ("ERP") specialist with extensive
Information Technology experience including key advisory and
leadership roles at Rio Tinto, Siemens SA, BHP Billiton,
SNC-Lavalin and CGI Group. Becher has a broad knowledge of
many industries including mining and metals as well as
manufacturing. He is a seasoned Operations and Project
Manager with 33 years of experience focusing on Information
Technologies, Data Security and Automation.
Jacques Tremblay,
P.Eng. is a mining engineer with over 35 years of project
development and mine operations management experience, including 18
years in West Africa. Jacques was
most recently with Solutions BF as a mining consultant involved in
projects in Burkina Faso,
Guinea and Mali. Previously
Jacques was COO for KOMET Resources in Burkina Faso, COO fro ArcelorMittal Mining in
Algeria, Project Manager-West
Africa for Dumas Contracting and Director Operations-Maintenance
for High River Gold in Burkina
Faso.
About Global Atomic
Global Atomic Corporation
(www.globalatomiccorp.com) is a publicly listed company that
provides a unique combination of high-grade uranium mine
development and cash-flowing zinc concentrate production.
The Company's Uranium Division includes four deposits with the
flagship project being the large, highgrade Dasa Project,
discovered in 2010 by Global Atomic geologists through grassroots
field exploration. With the issuance of the Dasa Mining Permit and
an Environmental Compliance Certificate by the Republic of
Niger, the Dasa Project is fully
permitted for commercial production. Final design in support of the
Company's Feasibility Study is on-going.
Global Atomics' Base Metals Division holds a 49% interest in the
Befesa Silvermet Turkey, S.L. ("BST") Joint Venture, which operates
a new, state of the art zinc production plant, located in
Iskenderun, Turkey. The plant
recovers zinc from Electric Arc Furnace Dust ("EAFD") to produce a
high-grade zinc oxide concentrate which is sold to zinc smelters
around the world. The Company's joint venture partner, Befesa Zinc
S.A.U. ("Befesa") listed on the Frankfurt exchange under 'BFSA', holds a 51%
interest in and is the operator of the BST Joint Venture. Befesa is
a market leader in EAFD recycling, with approximately 50% of the
European EAFD market and facilities located throughout Europe and Asia.
The information in this release may contain forward-looking
information under applicable securities laws. Forward-looking
information includes, but is not limited to, statements with
respect to completion of any financings; Global Atomics'
development potential and timetable of its operations, development
and exploration assets; Global Atomics' ability to raise additional
funds necessary; the future price of uranium; the estimation of
mineral reserves and resources; conclusions of economic evaluation;
the realization of mineral reserve estimates; the timing and amount
of estimated future production, development and exploration; cost
of future activities; capital and operating expenditures; success
of exploration activities; mining or processing issues; currency
exchange rates; government regulation of mining operations; and
environmental and permitting risks. Generally, forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans", "is expected", "estimates", variations
of such words and phrases or statements that certain actions,
events or results "could", "would", "might", "will be taken", "will
begin", "will include", "are expected", "occur" or "be
achieved". All information contained in this news release,
other than statements of current or historical fact, is
forward-looking information. Statements of forward-looking
information are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Global Atomic to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to those
risks described in the annual information form of Global Atomic and
in its public documents filed on SEDAR from time to time.
Forward-looking statements are based on the opinions and
estimates of management at the date such statements are
made. Although management of Global Atomic has attempted to
identify important factors that could cause actual results to be
materially different from those forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue
reliance upon forward-looking statements. Global Atomic does
not undertake to update any forward-looking statements, except in
accordance with applicable securities law. Readers should also
review the risks and uncertainties sections of Global Atomics'
annual and interim MD&As.
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this news
release.
SOURCE Global Atomic Corporation