Gratomic Inc. announces that it will be extending the closing of its non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million for a further fifteen days. The Company has raised $3,050,980.50 to date. The balance of the financing will close on the earlier of the sale of the remaining 9.8 million WC Units and May 26, 2023. The [...]
Gratomic Inc. is pleased to provide the following operational update for its 100% owned Aukam graphite mine and processing plant located 200 km east of the port of Lüderitz in Namibia. In April our technical team arrived at the Aukam mine site to advance the plant in order to batch process one hundred tonnes of a high purity graphite concentrate which will be shipped to industry partners in Asia, Europe and USA for [...]
Gratomic Inc. announces that an additional 1621.30 m of drilling on its Capim Grosso graphite project has been completed. 34 diamond drillholes have been completed to date. Included in this press release are assay details on holes CGD017 to CGD034. The project is located in the Bahia State of Brazil, with the Company holding a 100% controlling interest in the property. Table 1: Drillholes completed to date on the Capim [...]
Gratomic Inc. announces that it will be extending the closing of its non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million for up to a further thirty days. The Company has raised $3,050,980.50 to date. The balance of the financing will close on the earlier of the sale of the remaining 9.8 million WC Units and May 11, 2023 [...]
Gratomic Inc. announces that it has completed the third tranche of a non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million with the placement of 1,090,000 WC Units for gross proceeds of $327,000. The Company has raised $3,050,980.50 to date. Each WC Unit consists of one Common Share and one Common Share purchase warrant [...]
Gratomic Inc. announces that it will be extending the closing of its non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million for up to a further thirty days. The Company has raised $2,723,980.50 to date. The Company expects to close a further tranche of the financing this week. The balance of the financing will close on the [...]
Gratomic Inc. announces that it has completed the second tranche of a non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million with the placement of 4,730,951 WC Units for gross proceeds of $1,419,285.30. The Company has raised $2,723,980.50 to date. Each WC Unit consists of one Common Share and one Common Share purchase [...]
Gratomic Inc. announces today that it has appointed Bruno Baillavoine Chair of its Board of Directors. Mr. Baillavoine was originally appointed to the Board as an independent director in May of 2021. The Board's evolution reflects the Company's focus on becoming a leading global graphite supplier to the fast-growing Electric Vehicle market. The appointment of Mr. Baillavoine enhances the corporate governance of Gratomic [...]
Gratomic Inc. announces that it has completed the first tranche of a non-brokered private placement offering of up to 20,000,000 working capital units at a price of $0.30 per WC Unit for gross proceeds of up to $6 million with the placement of 4,348,984 WC Units for gross proceeds of $1,304,695.20. Each WC Unit consists of one Common Share and one Common Share purchase warrant . Each WC Warrant entitles the holder to [...]
The collaboration intends to deliver a vertically integrated supply of active anode material to meet the quality, quantity, and delivery time frames required by the EV/battery industry in North America and beyond Gratomic Inc. is pleased to announce that it has entered into a non-binding Letter of Intent with Graphex Group Limited and its U.S. subsidiary, Graphex Technologies LLC , a global leader in the downstream [...]
Gratomic Inc. announces that it has disposed of non-core assets in Namibia for total proceeds of NAD 3.20 million . On December 19, 2022, the Company received notice from the Namibian government that a Valued Added Tax refund applicable to two VAT periods previously filed had been processed. The Company anticipates the refund of NAD 3.15 million will be received within the next two weeks. About Gratomic Gratomic is a [...]
Gratomic Inc. is pleased to provide the first laboratory assay results on its diamond drilling program at its Aukam Graphite Project in Namibia. This program aimed to intercept mineralized graphite veins to confirm the Company's early estimations and to provide a deeper understanding of Aukam geology. The assays have been received from ALS Laboratories Namibia Ltd, which included 15 drill core samples. Table 1: Table 1 [...]