Gratomic Appoints New Director

Rhea-AI Summary

Gratomic Inc. (OTCQX:CBULF) announced the appointment of Bruno Baillavoine as an Independent Director. Baillavoine brings extensive financial experience and has held key positions at Pericles Group and Cel-Sci. His background includes successful business growth and development across various sectors. The company aims to enhance its leadership with this addition. Gratomic is focusing on introducing high-quality graphite into the electric vehicle and energy storage markets, with operational capabilities expected in 2021.

Positive

• Bruno Baillavoine's appointment adds significant financial expertise.
• Strong background in business growth and profitability.
• Company aims to enhance its competitive advantage in graphite supply.

Negative

• None.

TORONTO, ON / ACCESSWIRE / May 19, 2021 / Gratomic Inc. ("Gratomic", "GRAT" or the "Company") (TSXV:GRAT)(OTCQX:CBULF)(FRA:CB82) is pleased to announce the appointment of Bruno Baillavoine to the Company's Board as an Independent Director.

The Company is pleased to welcome Bruno to its Board of Directors and expects his appointment to be a positive addition due to his extensive experience in the financial sector. Bruno currently works with Pericles Group out of the UK in several key positions. He is an Independent Director for Cel-Sci, a leading cancer treatment research center. Bruno is also a shareholder and ex-chairman with CleanBay Inc, a company responsible for the development process from project to long-term operation of electricity, nutrient recovery and production of fertilizer plants in the US. Baillavoine is an Entrepreneurial Manager, Strategist, Innovator and Business builder, with a record of creating substantial sustained growth and strong profitability in a broad range of businesses. He is an experienced CEO, Chairman, and Independent Director with successful experience ranging from small companies to large multinationals.

"We look forward to benefiting from Bruno's extensive knowledge and experience. He has a wide breadth of knowledge in finance and business, and we believe he is an exceptional addition to the Board," stated Arno Brand, CEO & President.

About Gratomic

Gratomic is focused on introducing an exceptional anode material to the global Electric Vehicle and Energy Storage supply chains. The Company aims to achieve full operational capabilities in 2021, with further plans to take its Aukam Graphite Project fully solar by 2022.  Large quantities of its naturally high-quality graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the results will provide a unique competitive advantage in its desired target markets.

The Company's recent collaboration agreement with Forge Nano has advanced the developments on its graphite finalization phase for the micronization, spheronization, and the patented ALD coating of its Aukam vein graphite for use in lithium-ion batteries. Forge Nano is a global leader in surface engineering and precision nano-coating technology, using Atomic Layer Deposition.

GRAT has two outstanding off-take purchase agreements with TODAQ and Phu Sumika with contract fulfillment slated to begin in 2021.  Gratomic plans to deliver mine-to-market traceability through its partnership with deeptech company TODAQ by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project.

For more information: visit the website at www.gratomic.ca or contact:  

Arno Brand at abrand@gratomic.ca or 416 561-4095  
Subscribe at gratomic.ca/contact/ to be added to our email list.  

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Forward Looking Statements:

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com)

SOURCE: Gratomic Inc.

View source version on accesswire.com:
https://www.accesswire.com/648081/Gratomic-Appoints-New-Director

FAQ

Who is Bruno Baillavoine and what is his role at Gratomic?

Bruno Baillavoine is the newly appointed Independent Director at Gratomic, bringing extensive experience in finance and business growth.

What impact does Bruno Baillavoine's appointment have on Gratomic?

His appointment is expected to enhance the Board's expertise and support the company's strategic goals.

What are Gratomic's plans regarding its Aukam Graphite Project?

Gratomic plans to achieve full operational capabilities for the Aukam Graphite Project in 2021, aiming for sustainable production.

What is the significance of the partnership with Forge Nano?

The collaboration with Forge Nano focuses on advancing the finalization of graphite for use in lithium-ion batteries.