Mr. Stephen Roman reports

GLOBAL ATOMIC ANNOUNCES PRIVATE PLACEMENT OF UP TO C$50 MILLION

Global Atomic Corp. has arranged a non-brokered private placement for gross proceeds of up to $50-million from the sale of up to 56,818,182 units of the company at a price of 88 cents per unit. Red Cloud Securities Inc. is acting as finder in connection with the offering.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of $1.15 at any time for a period of 36 months following the issue date.

The company intends to use the net proceeds from the offering for the advancement of the company's Dasa project and for general working capital purposes.

The units will be offered: (a) by way of private placement in all of the provinces of Canada pursuant to applicable exemptions from the prospectus requirements under applicable Canadian securities laws; (b) in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended; and (c) in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. The securities to be issued pursuant to the offering to purchasers in Canada will be subject to a four-month hold period in Canada pursuant to applicable Canadian securities laws. The units will be offered to purchasers outside of Canada pursuant to an exemption from the prospectus requirements in Canada available under OSC Rule 72-503 and, accordingly, the securities to be issued pursuant to the offering to purchasers outside of Canada are not expected to be subject to a four-month hold period in Canada.

The closing of the offering is expected to occur on or around Jan. 22, 2026, and is subject to receipt of all necessary regulatory approvals, including the Toronto Stock Exchange. A finder's fee will be payable in accordance with the policies of the TSX.

About Global Atomic Corp.

Global Atomic 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 Nov. 5, 2022, and the date of commissioning is currently estimated as H2 (second half) 2027. Global Atomic has also identified three additional uranium deposits in Niger that may be advanced with further assessment work.

Global Atomic's base metals division holds a 49-per-cent interest in the Befesa Silvermet Turkey S.L. (BST) joint venture, which operates a modern zinc recycling plant, 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., holds a 51-per-cent interest in, and is the operator of, the BST joint venture. Befesa is a market leader in EAFD recycling, with approximately 50 per cent of the European EAFD market and facilities located throughout Europe, Asia and the United States.

We seek Safe Harbor.