GRATOMIC INC - CBULF STOCK NEWS

Gratomic Inc. (CBULF) has granted 8,850,000 stock options to directors, officers, employees, and consultants, exercisable at $1.54 per share for five years, pending TSX Venture Exchange acceptance. The company focuses on producing eco-friendly, high-purity graphite for the EV market and plans to achieve full operational capabilities in 2021. Two off-take agreements with TODAQ and Phu Sumika are set to begin fulfillment in Q1 2021, enhancing its mine-to-market tracking. Gratomic emphasizes quality control and traceability in its Aukam Graphite Project located in Namibia.

Gratomic Inc. (OTCQB: CBULF) announced it has achieved debt-free status, a milestone reached through strategic management efforts over recent months. Following a $2.25 million financing completed in June 2020, all convertible debentures have been converted to common shares. The company's cash position is approximately $2.4 million, supporting its operations as the Aukam processing plant prepares for commissioning. Gratomic plans to fulfill two off-take agreements for graphite sourced from its Aukam Graphite Project in Q1 2021. The company aims for eco-friendly, high-purity graphite production.

Gratomic Inc. (TSXV:GRAT, OTCQB:CBULF) updates its acquisition of a 37% interest in Gazania 242 Pty Ltd, increasing the consideration to include an additional 4,500,000 shares and a CDN$100,000 cash payment. The acquisition secures 100% rights to the Aukam Mining License and exploration License. The terms remain largely unchanged, pending approval from TSXV. Gratomic aims to produce eco-friendly, high purity graphite for the EV market, with operational capabilities anticipated in 2021. Fulfillment of off-take agreements with TODAQ and Phu Sumika is expected to begin in Q1 2021.

Gratomic Inc. (OTC: CBULF) has appointed Fanie Barnard to oversee the final construction phase of its Aukam Graphite processing plant in Namibia, expected to be completed this month. Excavation work is finished, with 414 tonnes of material removed for multiple foundations. The plant aims for a capacity of 20,000 tonnes per annum, with custom-built equipment including a rotary dryer enhancing efficiency. The company is also advancing plans for processing and traceability of its graphite products, crucial for the EV and renewable resource markets.

Gratomic Inc. has signed a definitive agreement to acquire Next Graphite's 37% interest in Gazania 242 Pty Ltd, leading to 100% ownership of the Aukam Mining License in Namibia. The agreement, dated November 12, 2020, includes issuing 18,986,188 common shares valued at $0.14 each and a commitment to provide $500,000 from net graphite sales. The acquisition is pending TSXV approval. Gratomic, focused on eco-friendly graphite, aims to enhance its operational capabilities, targeting full operations by late 2020 and transitioning to open-pit mining by 2021.

Gratomic Inc. (OTC Pink: CBULF) announced the hiring of Karl Trudeau to supervise the final assembly and operational readiness of its Aukam graphite processing plant in Namibia. Trudeau brings over 20 years of experience in the mining sector, having previously held key positions at major graphite operations.

The company aims to start full operations by late 2020 and has secured two off-take agreements for its graphite products. Gratomic is focused on sustainable graphite production for EV and renewable energy sectors.

Gratomic Inc. (OTC PINK:CBULF) has announced the issuance of 75,333 common shares to Agora Internet Relations Corp. as payment for advertising services, priced at $0.15 per share, pending regulatory approval. This follows an earlier announcement made on May 15, 2020. Gratomic focuses on sustainable graphite production from its Aukam Graphite Project in Namibia, with plans for full operational capabilities by late 2020. The company holds two off-take agreements for its graphite with TODAQ and Phu Sumika, aimed at supporting electric vehicle and renewable resource supply chains.

Gratomic Inc. (OTC Pink:CBULF) has initiated a comprehensive diamond drill program at its Aukam Graphite Project in Namibia. The program will target known graphite mineralization and include exploratory drilling based on recent geophysical surveys. The first phase will focus on infill drilling in ML215, while the second phase will examine structures in EPL3895 and EPL6710. This initiative aims to assist in calculating a NI 43-101 mineral resource and support a Preliminary Economic Assessment (PEA). Gratomic anticipates operational capabilities in late 2020 and plans to commence graphite processing in early 2021.

Gratomic Inc. has announced the arrival of custom drying and dewatering equipment at its Aukam mine site, a significant step towards completing its graphite processing plant. The equipment, received at Walvis Bay Port, will enable the company to begin the commissioning phase and optimize operations for future sales. However, the company notes that no economic viability studies have been completed, raising uncertainties around production capabilities and costs. Despite these challenges, Gratomic aims for operational readiness by late 2020 and is focused on fulfilling existing purchase agreements.