Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the quarter ended June 30, 2025.  For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, 2025, on the Company's website at www.globalatomiccorp.com.

Stephen G. Roman, President & CEO of Global Atomic, commented, "During the second quarter of 2025, we continued with pre-development work at the Dasa Project with earthworks and civil works well underway at the plant site, and new worker accommodations and support facilities nearing completion."

"We're pleased to report an increased pace of work with the U.S. development bank with a focus on the preparation of documentation to support Credit Committee review. Positive Credit Committee review will mark a significant step forward towards loan approval by the Bank's Investment Committee and Board of Directors. We are encouraged by the Bank's level of engagement and look forward to a successful outcome. In the meantime, we continue to advance other financing options, including a project level minority joint venture investment into our SOMIDA subsidiary in Niger."

"With the closing of our C$24.8 million equity financing at the end of the second quarter we will manage capital spending to conserve cash while maintaining key parameters on the Project's critical path for completion. We will keep investors informed of any material developments in project financing."

OUTLOOK

Dasa Uranium Project

Turkish Zinc Joint-Venture

Q2 2025 HIGHLIGHTS

Dasa Uranium Project â?? Mine Development

Dasa Uranium Project â?? Plant Construction

Dasa Uranium Project â?? Niger Government Support

Turkish Zinc Joint Venture

Corporate

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 is currently developing the fully permitted, large, high grade Dasa Deposit, discovered in 2010 by Global Atomic geologists through grassroots field exploration.  The "First Blast Ceremony" occurred on November 5, 2022, and commissioning of the processing plant is targeted for H2 2026.  Global Atomic has also identified 3 additional uranium deposits in Niger that may be advanced with further assessment work.

Global Atomic's Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a modern zinc recycling plant, located in Iskenderun, Tà¼rkiye. 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) 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, Asia and the United States of America.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

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

SOURCE: Global Atomic Corporation

Key contacts: Stephen G. Roman, Chairman, President and CEO, Tel: +1 (416) 368-3949,
Email: sgr@globalatomiccorp.com; Bob Tait, VP Investor Relations, Tel: +1 (416)
558-3858, Email: bt@globalatomiccorp.com

COMTEX_467993108/2197/2025-08-12T17:15:00