Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Global Atomic Announces Upsize of Private Placement to up to C$36 Million

Newswire.ca - Fri Jan 24, 2025

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Jan. 24, 2025 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement (the "Offering") from C$30,000,000 to C$36,000,000. Under the revised Offering, the Company will sell up to 45,000,000 units of the Company (each, a "Unit") at a price of C$0.80 per Unit. Red Cloud Securities Inc. and Canaccord Genuity Corp. are acting as finders in connection with the Offering.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.