Gratomic Inc.

Gratomic Inc. announces that, further to its Press Release of January 21, 2022, the Company has closed the first tranche of its previously announced non-brokered private placement offering of $27,020,000 with the placement of 1,650,827 working capital units priced at $1.40 per WC Unit for gross proceeds of $2,311,158. Each WC Unit consists of one common share and one quarter of a common share purchase warrant. Each full [...]

Gratomic Inc. announces results of initial metallurgical tests performed on trenched material obtained from its 100% owned Capim Grosso project, located in the mining friendly jurisdiction of Bahia State of Brazil. After obtaining chemical analysis results from SGS Geosol Brazil , SGS Lakefield has been commissioned to perform metallurgical tests on the first samples obtained from the trenching programs performed at the [...]

Gratomic Inc. announces the launching of the Operational Readiness initiative of its Aukam vein graphite project in the Karas region, Namibia. Operational Readiness is the capability to efficiently deploy, operate, and maintain the systems and procedures required on the Company's Aukam Graphite Processing Plant. The main purpose of OR is to reduce operational risks, which is defined as "the risk of loss resulting from [...]

Gratomic Inc. announces the resumption of its 5,000-meter diamond drill program on the Capim Grosso graphite project located within the Bahia State of Brazil, aiming to further delineate the graphite mineralization at the site. After having drilled 241.3 meters in 2021 , the drilling team temporarily wrapped up drilling over the holiday period, resuming activities on January 15, 2022. The introduction of a second drilling [...]

Gratomic Inc. announces that, further to its Press Release of December 15, 2021, the previously announced non-brokered private placement offering of $27,020,000 is fully-subscribed. The offering consists of 19,300,000 working capital units priced at $1.40 per WC Unit for gross proceeds of $27,020,000 . The final closing of the Offering will be extended until February 8, 2022. Each WC Unit consists of one common share and [...]

Gratomic Inc. announces the ongoing commissioning of several key pieces of equipment in preparation for the final commissioning stage of the grinding, flotation, and drying circuits. The Product Thickener assembly has been completed, including the lining of the tank inner walls with antiabrasive coating. The commissioning of this equipment consists of operating the rake, to ensure that the turning movement is clear and [...]

Gratomic Inc. announces that it has initiated manufacturing on the Air Classification units for its Aukam Graphite Project processing plant in Namibia. The secondary enrichment program completes engineering on the upgrading circuit on the refining section of the plant. Air Classification is a unique feature of the Aukam processing plant. This allows the Company to take advantage of the singular properties of vein graphite [...]

Gratomic Inc. announces the first preliminary findings of its 5,000-meter diamond drill program on the Capim Grosso graphite project located within the Bahia State of Brazil, to further delineate graphite mineralization on a recently completed two-fold trenching and sampling program . The Company has a 100% interest in the Capim Grosso graphite project . Table 1. Two Diamond Drill holes completed to date on the Capim [...]

Gratomic Inc. announces the results for the wet circuit process flow, independently performed by SGS Lakefield. Open circuit cleaner flotation tests have been carried out to produce a minimum concentrate grading of 95% C, or Carbon total. The final concentrate of the three tests resulted in grades between 94.8 and 97.3% C. The open circuit total carbon recoveries remained high, ranging between 86.7 and 87.5%. Open circuit [...]

Gratomic Inc. announces that, due to significant demand, the Company has increased the size of the previously announced non-brokered private placement offering from $20,020,000 to $27,020,000. The increased offering will consist of up to 19,300,000 working capital units priced at $1.40 per WC Unit for gross proceeds of up to $27,020,000 . Each WC Unit consists of one common share and one quarter of a common share purchase [...]