Global Atomic Corporation (Global Atomic) has a unique combination of high grade uranium development and cash flow from a recycling facility that produces zinc concentrate. The company provided an update on the Dasa Uranium Project (“Dasa”), in the Republic of Niger and on the BST Joint Venture Zinc Project in Turkey. Dasa trade-off studies completed during 2019 have led to the compilation of an optimized Preliminary Economic Assessment (“PEA”), by CSA Global Pty. Ltd., incorporating the high value Flank Zone with a Phase 1 mining plan to be completed in first quarter of 2020. The optimized PEA will form the basis of an NI 43-101, Final Technical Report, to be submitted to the Government of Niger in fourth quarter of 2020, in support of the application for the Dasa mining permit. The 2020 work program currently underway includes further metallurgical test work, an Environmental Impact Statement (“EIS”), and hydrogeological studies for inclusion in the Final Technical Report. Improved zinc prices and steady-state production achieved at the new BST plant in Turkey. The Dasa project field work is progressing well on a number of fronts. Art & Genie Environmental Consultants based in Niamey, Niger, have been retained to complete the EIS required for the Technical Report and are currently active in the field. ENYSA Drilling also based in Niamey, have been retained to complete the hydrogeological drilling needed for the optimized PEA. They are currently on site completing this drill program. In Canada, Project Research Ortech Ltd., based in Mississauga, Ontario, are completing Flank Zone metallurgical test work and flow sheet design under the direction of Insight R&D and Dr. Santiago Faucher. The test work is progressing well and the data will be incorporated into the forthcoming optimized PEA. CSA Global Pty. Ltd., has overall responsibility for the PEA and has completed the initial mine design for Phase 1 mining of the Flank Zone with all assumptions, parameters and project financial results to be released in due course in line with the PEA scheduled completion mentioned above. METC Engineering of Johannesburg, South Africa, are currently designing the Dasa process plant and will have Capex and Opex data for inclusion in the PEA. The newly completed Electric Arc Furnace Dust (“EAFD”) reprocessing facility has had a successful commissioning and ramp up and training of personnel continues. The plant is running on a steady-state basis and final production numbers for the fourth quarter will be released in March, 2020 with the 2019 Audited Financial Statements. The Turkish steel industry is currently running at 70% capacity which is sufficient to supply adequate EAFD feedstock to the recyclers in Turkey. Should zinc prices remain strong and with adequate feedstock available, debt related to new plant construction is expected to be retired by first quarter of 2021.