Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt: G12; OTCQX: GLATF) today announced shareholder voting results from the Annual Meeting of Shareholders (“Meeting”) held June 25, 2020, and the grant of stock options.
| Nominee | For | % | Withheld | % |
| Stephen G. Roman | 71,127,858 | 94.12 | 4,439,455 | 5.87 |
| Paul D. Cronin | 75,277,033 | 99.62 | 290,280 | 0.38 |
| Richard Faucher | 72,796,033 | 96.33 | 2,771,280 | 3.67 |
| George Flach | 75,337,078 | 99.69 | 230,235 | 0.30 |
| Derek Rance | 72,797,533 | 96.33 | 2,769,780 | 3.66 |
| Asier Zarraonandia Ayo | 75,327,053 | 99.68 | 240,260 | 0.32 |
Shareholders also approved the re-appointment of PriceWaterhouseCoopers LLP as auditors of the Company.
Stock Options:
The Company granted 100,000 Stock options to Bob Tait, Vice President Investor Relations. The stock options are exercisable at $0.50 for a period of five years and vest over a three-year period.
About Global Atomic
Global Atomic Corporation (www.globalatomiccorp.com), is a TSX listed company that provides a unique combination of high-grade uranium development and cash flowing zinc concentrate production.
The Company’s Uranium Division includes four deposits with the flagship project being the large, high-grade Dasa Project. The Dasa deposit was discovered in 2010 by Global Atomic geologists through grassroots field exploration. The Company plans to submit a Phase 1 Development Plan to the Ministry of Mines in the Republic of Niger with an Application for a Mining Permit in Q3 2020. 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 processing facility, 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.