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Global Atomic Higher As Closes Public Offering for Gross Proceeds of C$40.3 Million
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Global Atomic Higher As Closes Public Offering for Gross Proceeds of C$40.3 Million
Oct 17, 2024 1:37 PM

10:17 AM EDT, 10/16/2024 (MT Newswires) -- Global Atomic ( GLATF ) was at last look on Wednesday up more than 5% as it raised $40.3 million from a public offering, with proceeds to be used for development of the Dasa Project in Niger.

The company issued more than 33.5 million units at $1.20 each, including a total of near 4.4 million over-allotment option units. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of C$1.50 per warrant share at any time on or before October 16, 2027.

Price: 1.17, Change: +0.06, Percent Change: +5.41

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