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GRATOMIC INC - CBULF STOCK NEWS

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Gratomic Inc. is a multinational company with projects in Namibia, Brazil, and Canada, focused on becoming a leading global graphite supplier. The company aims to secure a strong position in the electric vehicle battery supply chain through its flagship Aukam project in Namibia and exploration at the Capim Grosso property.

The recent operational update from the Aukam graphite mine demonstrates the progress made in upgrading graphite concentrate to the required grade for the alkaline battery market. Gratomic has formed strategic partnerships with TM2 Verticals and Forge Nano to enhance its graphite production capabilities and supply chain integration, positioning itself for success in the high-value graphite applications market.

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Gratomic Inc. announced the finalization of a definitive agreement to acquire Next Graphite's 37% interest in Gazania Investments, securing complete control over the Aukam property in Namibia. The transaction involves issuing 25,758,915 common shares and a cash payment of $100,000. With this acquisition, Gratomic aims to optimize the Aukam project’s potential and enhance operational capabilities in the electric vehicle and energy storage sectors. The transaction is subject to TSXV approval.

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Gratomic Inc. (OTCQX:CBULF) announced the granting of 400,000 stock options to new board member Bruno Baillavoine, exercisable at $1.30 per share over five years, pending TSX approval. The company focuses on supplying high-quality graphite for electric vehicles and energy storage, aiming for full operations in 2021 and plans to shift its Aukam Graphite Project to solar energy by 2022. A collaboration with Forge Nano will enhance graphite processing for lithium-ion batteries, while two off-take purchase agreements are expected to fulfill in 2021.

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Gratomic Inc. (TSXV:GRAT)(OTCQX:CBULF) has engaged Hybrid Financial Ltd. for marketing services to enhance brand and market awareness. The engagement starts June 1, 2021, for an initial twelve-month term, with monthly fees of $22,500 for investor awareness and $20,000 for capital markets. Hybrid will comply with TSX Venture Exchange regulations and holds no securities in Gratomic. The company is advancing its Aukam Graphite Project, focusing on producing high-quality anode materials for electric vehicles and energy storage.

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Gratomic Inc. (OTCQX:CBULF) updates on a recent Covid-19 exposure at its Aukam site. An employee recovering at home tested positive but shows no complications. Following further PCR tests, three additional employees tested positive, all asymptomatic. Disinfection of the site was completed, and those testing negative were allowed to return to work. Normal operations are set to resume on May 24, 2021. The company's commitment to employee health is emphasized, as well as its ongoing efforts to advance graphite production for electric vehicles and energy storage.

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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.

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Gratomic Inc. (OTCQX:CBULF) reported a positive Covid-19 case at its Aukam site, with the affected employee and contacts required to self-isolate for 10 days from May 12, 2021. The company continues extensive sanitization measures and has confirmed that operations, including drilling and manufacturing, remain unaffected. Gratomic maintains its focus on employee safety while hiring temporary workers to sustain production. The firm is working towards achieving full operational capabilities in 2021 and aims to make its Aukam Graphite Project fully solar by 2022.

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Gratomic Inc. (OTCQX: CBULF) announces the resignation of Alex Helmel as Independent Director, who is stepping back to focus on other business interests. Daniel Baard, a seasoned finance executive, will replace him. Baard brings expertise in finance and operations, having served as CIO for Dukathole Group. He received 400,000 stock options valued at $1.25 per share, subject to TSX Venture Exchange approval. Gratomic aims to enhance its graphite production capabilities while collaborating with Forge Nano for advanced battery material development. The company's operational capabilities are targeted for 2021.

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Gratomic has appointed Lynne Brand as Interim Director, replacing Steven Gray, who will continue as Qualified Person for resource drilling at the Aukam project. This shift marks Gratomic's transition from exploration to operations, aiming for full operational capability in 2021. Brand, who joined in 2012, will also serve as the future Marketing Director in Namibia, leveraging her mining experience. The company emphasizes its focus on producing high-quality graphite for electric vehicle batteries and enhancing its operational capabilities with partnerships, including a collaboration with Forge Nano for advanced graphite processing.

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Gratomic Inc. (OTCQX: CBULF) updates on its acquisition of Next Graphite Inc.'s 37% stake in Gazania 242 Pty Ltd, which holds the Aukam property licenses. The acquisition is delayed due to ongoing global pandemic impacts affecting legal and tax issues in Canada, the US, and Namibia. Completion will occur once all preconditions are met, including TSX Venture Exchange approval. Gratomic aims to fully operationalize its Aukam Graphite Project in 2021 and transition to solar by 2022, enhancing its competitive edge in the electric vehicle market.

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Gratomic has achieved DTC eligibility for its common shares, enhancing trading accessibility in the US markets (OTCQX:CBULF). This eligibility enables electronic clearance and settlement, potentially improving liquidity for investors. The company aims to fully operationalize its Aukam Graphite Project in 2021, with plans for solar integration by 2022. Gratomic is advancing partnerships, including collaboration with Forge Nano for graphite processing for lithium-ion batteries, and has off-take agreements with TODAQ and Phu Sumika, scheduled for fulfillment in 2021.

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FAQ

What is the current stock price of GRATOMIC (CBULF)?

The current stock price of GRATOMIC (CBULF) is $0.04535 as of December 23, 2024.

What is the market cap of GRATOMIC (CBULF)?

The market cap of GRATOMIC (CBULF) is approximately 8.1M.

What is Gratomic Inc.'s focus?

Gratomic aims to become a leading global graphite supplier and secure a strong position in the electric vehicle battery supply chain.

What recent achievements has Gratomic disclosed?

Gratomic has successfully upgraded graphite concentrate to the required grade for the alkaline battery market, marking a significant milestone in its development.

Are there any key partnerships Gratomic Inc. has formed?

Gratomic has strategic collaborations with TM2 Verticals and Forge Nano to enhance its graphite production capabilities and supply chain integration.

What projects is Gratomic currently working on?

Gratomic is focused on its flagship Aukam project in Namibia and exploration at the Capim Grosso property to tap into unique graphite opportunities for development.

GRATOMIC INC

OTC:CBULF

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8.11M
188.85M
5.7%
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