Post by
GabeBuffet on Mar 09, 2023 10:55am
Well done Arno Brand!!! #TeamGrat #EV #graphite
Toronto, ON. March 9, 2023 Gratomic Inc. (“Gratomic”, “GRAT” or the “Company”) (TSXV:GRAT) (OTCQX:CBULF) (Frankfurt:CB82) announces that it has completed the second tranche of a non-brokered private placement offering of up to 20,000,000 working capital units (“WC Units”) at a price of $0.30 per WC Unit for gross proceeds of up to $6 million (the “Offering”) 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.
Arno Brand, President and CEO of Gratomic, stated: “It is with great pleasure that I continue to participate in the offering alongside our shareholders.”
Insiders of the Company may subscribe for up to 25% of the WC Units in the Offering. One insiders subscribed for 747,765 WC Units for proceeds of $224,329 on the second closing of the Offering.