A US development bank postponed a scheduled July presentation about Global Atomic’s Dasa uranium project in Niger to its credit committee, with the Canada-based company saying it will move to “finalise other financing discussions” if there are further delays.
Global Atomic said the unnamed development bank is moving a planned debt financing facility, previously reported to ben CAD295m ($215m, €195m), through its approval process.
The bank postponed its scheduled July presentation of the project to its credit committee, but Global Atomic president and chief executive officer Stephen Roman said the company remains confident that the bank will eventually approve the project.