GRATOMIC INC - CBULF STOCK NEWS

Gratomic Inc. (OTCQX: CBULF) announced an amended letter of intent for the acquisition of 100% rights to the Capim Grosso Property in Brazil. The deal includes a cash payment of CAD $200,000 and the issuance of 3,840,580 common shares. The project offers a strategic advantage amidst rising demand for high-quality graphite and will feature a 3% royalty on processed minerals except graphite. Preliminary drilling results show promising total graphitic carbon (TGC) levels, prompting immediate trenching to gather further geological insights.

Gratomic has initiated wet commissioning (Stage C4) of its Aukam processing plant, marking a critical milestone. The operational readiness of site-wide systems, technician training, and completion of necessary manuals are confirmed. The project has cut water costs by 50% and ensures the availability of over 1,000,000 liters of water storage. CEO Arno Brand expressed pride in the team's progress. However, it is emphasized that no economic viability studies have been conducted, and production commencement remains uncertain, which poses risks to future revenue generation.

Gratomic Inc. (OTCQX: CBULF) has commenced wet commissioning of its Aukam processing plant, marking a significant milestone in the project's development. The company is preparing for full commissioning, having reduced water costs by 50% and secured sufficient water storage for operations. Gratomic plans to complete a Preliminary Feasibility Study (PFS) to assess the project's economic viability. However, it emphasizes that no mineral resources or reserves have been delineated yet, which could impact future production and profitability.

Gratomic Inc. has initiated an independent Prefeasibility Study (PFS) for its Aukam Vein Graphite Project in Namibia. Conducted by Process Research Ortech Inc., the study confirms that Aukam Graphite can be upgraded to a grade of 99.38% Cg without chemical treatment. The company is also progressing with coin cell batteries made from Aukam graphite, targeting 99.98% Cg. Despite positive advancements, there are significant risk factors, including the lack of delineated mineral resources and uncertainty around production. The PFS is expected to provide crucial economic data by late 2021.

Gratomic Inc. (OTCQX: CBULF) has initiated an independent Prefeasibility Study (PFS) for its Aukam Graphite Project in Namibia, confirming that Aukam Graphite can be upgraded to 99.38% Cg without chemical treatment. Construction of Gratomic TM battery cells is underway, achieving a graphite purity of 99.81% Cg. The company is progressing with drilling and exploring new areas of interest based on a recent TDEM survey. A maiden NI 43-101 resource estimate is expected in Q1 2022, further validating the project. Risks include the absence of verified mineral resources.

Gratomic Inc. (OTCQX:CBULF) has granted newly appointed Board member Cliff Bream 400,000 stock options at an exercise price of $1.27 per share, vesting over two years. The company is focused on enhancing its Aukam Graphite Project, targeting operational capabilities in 2021. Gratomic is advancing its graphite through a collaboration with Forge Nano for battery applications, aiming to meet electric vehicle and energy storage demands. They also have off-take agreements with TODAQ and Phu Sumika, with fulfillment expected to commence this year.

Gratomic has announced a letter of intent to acquire 100% of the rights to the Capim Grosso Property in Bahia, Brazil, for a total consideration of CAD $5.5 million. The deal includes a cash payment of CAD $200,000, issuance of shares valued at CAD $2.3 million, and a promissory note of CAD $3 million. The Capim Grosso project is expected to enhance Gratomic's position in the graphite market, diversifying its operations and addressing the growing demand for high-quality graphite. The acquisition is subject to due diligence and TSX Venture Exchange approval.

Gratomic Inc. (TSXV:GRAT)(OTCQX:CBULF) has successfully acquired the remaining 37% interest in Gazania Investments Two Hundred and Forty Two, securing full ownership of the Aukam property in Namibia. The transaction involves the issuance of 25,758,915 common shares and a cash payment of $100,000 to Next Graphite, Inc. As part of this strategic move, Cliff Bream from NextG joins Gratomic's Board of Directors. The acquisition is anticipated to enhance Gratomic's market position and operational capabilities, particularly in the electric vehicle and energy storage sectors.

Gratomic Inc. (OTCQX:CBULF) has announced it will soon trade graphite on the Technology Metals Market (TM2), the world's first marketplace for technology metals. This move positions Gratomic to supply its M97 graphite product, ideal for applications like lithium-ion batteries. The TM2 platform, launched in partnership with NASDAQ, provides transparency and security for trading essential metals.

However, the company notes that graphite supply is contingent on successful production from its Aukam project, which lacks established mineral resources and feasibility studies.