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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. (OTCQX: CBULF) has provided an update on its mining program at the Aukam Graphite Project in Namibia. The company has transferred approximately 2,600 tonnes of graphite to its ROM pad, with operations progressing as planned. The benching process ensures minimal mineral loss and safety, with no reported incidents. However, Gratomic emphasizes the absence of any feasibility studies to demonstrate economic viability, presenting significant risks associated with production uncertainties. The company aims to complete a feasibility study to scale up operations.

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Gratomic Inc. (CBULF) announced positive laboratory assay results from its third trenching program at the Capim Grosso project in Brazil, aimed at extending a second graphite deposit. Assays from 19 trench samples showed significant Total Graphitic Carbon (TGC) values, with several samples exceeding 9%. Gratomic relied on SGS for quality control, ensuring assay accuracy. CEO Arno Brand expressed optimism for transitioning Capim Grosso into a district-scale graphite project, while COO Armando Farhate highlighted its potential as a major graphite province. The findings support further project development.

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Gratomic has been granted four additional Prospecting Licenses (PLs) for graphite exploration by Brazil's National Mining Agency, covering 6,312 hectares near its existing Capim Grosso Graphite project. This expansion allows Gratomic to develop Capim Grosso into a district-scale project. The licenses are valid for three years, with prospects for renewal. The company is set to conduct various geological exploration activities to enhance its mineralization potential. With this addition, Gratomic's total exploration permits for the project now amount to 10, covering a combined area of 10,039 hectares.

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Gratomic Inc. (OTCQX: CBULF) has released an updated corporate presentation outlining significant progress over the past year. The presentation focuses on the Aukam processing plant and the Capim Grosso, Jacobina, and Igrapiuna projects. It aims to provide shareholders with the latest information regarding project developments. Gratomic is committed to becoming a leading graphite supplier and strengthening its position in the EV battery supply chain. The company also announced a collaboration with Forge Nano to enhance graphite production for lithium-ion batteries.

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Gratomic Inc. (OTCQX:CBULF) has achieved a significant milestone at its Aukam Graphite Project, successfully transferring 730 tonnes of graphite to the ROM stockpile. The bench-mining program is advancing rapidly, indicating strong operational capabilities. However, Gratomic clarifies that no economic analysis or feasibility studies have been completed to support production claims. Key risks include the absence of confirmed mineral resources and uncertainties surrounding project viability and cost, which may impact future revenue generation.

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Gratomic Inc. has announced a significant milestone at its Aukam Graphite Project, where it extracted over 150 tonnes of graphite in a single shift, setting a new record. This achievement is part of the earth-moving activities that commenced following the opening of access roads. The vein's discovery validates prior geological plans and indicates additional mineralization potential. However, the company emphasizes that no feasibility studies have demonstrated the economic viability of the project, and there are risks associated with starting production, which could adversely affect revenue.

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Gratomic Inc. (OTCQX:CBULF) provided a progress update on its Aukam Graphite Project in Namibia, highlighting significant advancements in benching activities ahead of schedule. The company successfully intercepted its first mineralized vein and has commenced moving material to the ROM pad, with samples being sent for laboratory analysis. While the team expresses confidence in the ongoing program, it is important to note that no Preliminary Economic Analysis or Feasibility Study has been conducted, indicating uncertainty regarding economic viability and production timelines.

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Gratomic Inc. (OTCQX: CBULF) has successfully closed a non-brokered private placement offering, raising $2,046,398.40 by issuing 5,684,440 working capital units at $0.36 each. Each unit consists of a common share and a warrant, which can be exercised at $0.54 until September 14, 2023, and $0.80 until September 14, 2024. The Company continues to focus on becoming a leading global graphite supplier, particularly in the EV battery supply chain, while developing its flagship Aukam project.

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Gratomic has provided an update on its Aukam Graphite Project in Namibia, highlighting the ongoing earth-moving activities as part of their benching program. The engineering team has completed essential pre-benching tasks, including mobilizing machinery and relocating historic stockpiles. Currently, the road opening is 70% complete, with 550 metric tonnes of stockpiles moved. The company emphasizes the absence of any feasibility studies supporting production decisions and warns of risks associated with mineral recovery and cost uncertainties. Gratomic aims to position itself as a leading graphite supplier, particularly for the EV battery supply chain.

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Gratomic Inc. (OTCQX: CBULF) has announced results from its third trenching program at the Capim Grosso project in Brazil, initiated on August 15. The project uncovered discontinuous graphite intersections over 1,750 meters, with graphite detected in 6 of the 14 trenches analyzed. Nineteen samples are to be tested for graphite content. The company plans to continue its exploration with an additional 15 trenches and a 1,500-meter diamond drilling program set for Fall 2022. This advancement enhances the potential for discovering new mineralized areas, bolstering Gratomic's position in the graphite market.

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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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