Global Atomic : Corporate Presentation - March 2024

GLOBAL ATOMIC CORPORATION

Advancing the Dasa Uranium Project in the Republic Of Niger

Corporate Presentation

MARCH 2024

Disclaimer

This presentation has been prepared by the Global Atomic Corporation ("Global Atomic" or the "Company") and includes information from sources believed by management to be reliable. No representation or warranty, expressed or implied, is made as to the accuracy of the information set forth herein. The information contained herein is as of the date hereof and is subject to change, completion or amendment without notice.

This presentation contains forward-looking statements, estimates and projections with respect to the anticipated future performance of the company that may be deemed to be "forward-looking statements." These statements, estimates and projections reflect various assumptions made by the Company concerning anticipated results, which may or may not prove to be correct.

All statements contained in the presentation that address operating performance, future direction, management and control of the Company, events or developments that are expected to occur in the future (including statements related to earnings, expectations, sales of assets, capital expenditures, or statements expressing general optimism about future operating results) are forward-looking statements. Actual results could differ materially from those reflected in the forward-looking statements contained herein as a result of a variety of factors, many of which are beyond the Company's control.

All monetary amounts are in U.S. dollars, unless otherwise stated.

TSX: GLO | OTCQX: GLATF | FRA: G12	2

URANIUM

Republic of Niger

Uranium will fuel the global reactor fleet to generate clean baseload power.

ZINC RECYCLING

Iskenderun, Türkiye

Zinc concentrate produced by recycling Electric Arc Furnace Dust (EAFD), is a key component in this region's circular economy.

LOW-CARBON BASELOAD POWER & MINERAL RECYCLING

HQ
Canada	Zinc
	Türkiye
	Uranium
	Niger

TSX: GLO | OTCQX: GLATF | FRA: G12	3

0000

Opening Blast Ceremony, November 2022

DASA PROJECT the only greenfield uranium project under

development today

TSX: GLO | OTCQX: GLATF | FRA: G12	4

Dasa is the highest- grade uranium deposit in Africa, situated in Niger's established uranium district

TSX: GLO | OTCQX: GLATF | FRA: G12	5

GLOBAL ATOMIC AT A GLANCE

Highest Grade Deposit: outside of the Athabasca Basin

Mining: began November 2022, ramp already at top of ore body

Financing: processing plant construction funding in progress

Off-takes: uranium sales contracts signed with utilities

Updated Mine Plan and Feasibility Study: expected in H1 2024

ESG: EP4 & IFC Performance Standards; audited by Development Banks

Permits & Team: all permits secured; Niger operating team engaged

Commissioning Q4 2025: ramp development & infrastructure construction ongoing

LOWEST QUARTILE PRODUCER

TSX: GLO | OTCQX: GLATF | FRA: G12	6

HIGHEST GRADE URANIUM PROJECT IN AFRICA

Phase 1 Mine Plan represents ≈20% of Dasa's current Mineral Resource

Phase 1: 12 years

Dasa Project schematic long-section and hypothetical underground infrastructure.

Phase 1 - Flank Zone, initial 12 years

Phase 2 - Future Mine Development

Phase 3 - Surface Mineralization

TSX: GLO | OTCQX: GLATF | FRA: G12	7

2019 MINERAL RESOURCE ESTIMATE

M&I Resources from the 2019 MRE were incorporated into the 2021 Phase 1 Feasibility Study to extract 44Mlb (~20% of the ore body) over 12 years

2023 MINERAL RESOURCE ESTIMATE

2021-22: 16,000-meter drill program converted more Inferred Resources into M&I

Q1 2024: Updated Feasibility Study will increase mineable Reserves for Phase 1 and beyond

TSX: GLO | OTCQX: GLATF | FRA: G12	8

COMPARATIVE GRADE / TONNAGE REPORT AT VARYING CUT-OFF GRADES

LARGE,

Cut-Off

Category

July 2019 Estimate	May 2023 Revised Estimate	% Change
Tonnes	Uranium	Contained		Uranium	Contained	Contained
Content	Uranium	Tonnes	Content	Uranium	Uranium
(Mt)	eU3O8	eU3O8	(Mt)	eU3O8	eU3O8	eU3O8
	(ppm)	Mlbs		(ppm)	Mlbs	Mlbs

HIGH-GRADE STRATEGIC ASSET

100	Indicated	81.6	718	129.1	103.6	803	183.5	42%
Inferred	96.1	606	128.4	71.0	636	99.5	-23%
320	Indicated	32.0	1,530	108.0	44.9	1,602	158.5	47%
Inferred	35.0	1,333	102.7	25.4	1,435	80.4	-22%
1,200	Indicated	7.9	4,483	78.0	12.6	4,201	117.1	50%
Inferred	8.4	3,783	69.9	5.9	4,320	56.1	-20%
1,500	Indicated	6.2	5,328	73.1	10.1	4,926	109.6	50%
Inferred	6.3	4,563	63.7	4.4	5,349	51.4	-19%
2,500	Indicated	3.6	7,849	61.9	5.7	7,258	91.0	47%
Inferred	3.4	6,838	51.4	2.4	8,211	43.2	-16%
10,000	Indicated	0.6	24,401	31.1	0.9	22,185	43.5	40%
Inferred	0.8	14,598	25.3	0.6	18,362	25.3	0%

TSX: GLO | OTCQX: GLATF | FRA: G12	9

2024 FEASIBILITY STUDY HIGHLIGHTS

Production: 68.1 Mlbs U3O8 over 23 years

Reserve Grade: 4,113 ppm; 5,109 ppm in the first 12 years

Yellowcake deliveries are scheduled to begin Q1 2026

Feasibility Study is based on the 2023 MRE @ $75/lb

Dasa Project Economic sensitivity with varying uranium prices (USD)

Uranium Price ($/lb)	$60	$75	$90	$105
Before-tax NPV8%	$656 M	$1,122 M	$1,572 M	$2,022 M
After-tax NPV8%	$551 M	$917 M	$1,269 M	$1,621 M
After-tax IRR	27.9%	38.4%	47.1%	55.1%

1. Cash cost per pound represents mining, processing, onsite and offsite general and administrative costs, selling expenses and royalties, divided by recovered U3O8.
2. All-insustaining cost per pound of uranium represents mining, processing, site and offsite general and administrative costs, royalties and sustaining capital expenditures including rehabilitation provision, divided by recovered U3O8.

TSX: GLO | OTCQX: GLATF | FRA: G12	10