TSX:GLOMetals and Mining
Global Atomic (TSX:GLO) Is Down 21.6% After Major Dual Capital Raise - Has The Bull Case Changed?
Global Atomic Corporation recently announced sizeable capital-raising plans, including a CAD 25 million composite units offering and a CAD 50,000,000.16 non-brokered private placement of 56,818,182 units, each comprising one share and a warrant exercisable at CAD 1.15 over 36 months.
This twin funding move materially enlarges Global Atomic’s financial toolkit, potentially influencing how investors assess its ability to finance future projects and growth options.
We’ll now examine how this...