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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.


TSXV:GRAT - Post by User

Comment by Candymanon Feb 17, 2021 5:50pm
145 Views
Post# 32588394

RE:RE:Candyman (please read) clarity for shareholders

RE:RE:Candyman (please read) clarity for shareholders

Yes, correct. Also take note that Gratomic gained the last 37% control of the Aukam mine project with this acquisition for only 18% of Next Graphite position. 

Only cost Gratomic $100,000 cash Cdn upon closing approval from the TSXV and $500,000 usd worth of the first one million dollars of graphite revenue produced at Aukam.

This is a huge win for Gratomic to gain full control on all revenue streams moving forward. 

Not to sure how people see the negative in this, when all the 25 million shares are dispersed amongst all previous Next Graphite shareholders in three 6 month escrow periods over 18 months.

Now the company can move forward. 

My CEO.CA posts from this morning
https://ceo.ca/@candyman?4483076ac2c4

https://ceo.ca/@candyman?016745abd71f

https://ceo.ca/@candyman?fb57ff99d65e

Cheers

 

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