URANIUM
TSX-listed Global Atomic is on the verge of securing financing for the development of the Dasa uranium project in Niger. Among the approaches is a proposed $295-million debt financing led by a US development bank that is progressing towards approval. In addition to debt financing, Global Atomic has received multiple offers for pre-payments on uranium delivery contracts, strategic equity investment, minority joint venture investments at project level and equity financing from various institutions and private equity firms.
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