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Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Metals & Mining Industrial Metals & Minerals Graphite
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

Gratomic Inc
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Post by redhead33333on Nov 11, 2013 6:29pm
296 Views
Post# 21895614

Gotta like where CKR is going as per their report on Sedar..

Gotta like where CKR is going as per their report on Sedar..Once again, this is another hidden gem that I mentioned months ago:

On March 14th, 2013 the Company announced plans to spinoff non graphite interests. The Board of Directors of the Company has determined that would it be in the best interest of the Company to segregate its mineral classes into new and distinct companies by way of a spin-off strategy. The objective of this plan is to separate the gold, via the spin-off entity and graphite opportunities from the Company's portfolio. In turn, it is the intent of the Company that each of the entities will then become a "pure play" in nature and not have comingled mineral classes.
Caribou shareholders will be issued common shares in the subsidiary entity that is expected to be a share exchange ratio of 1 new for five old. Shareholders will be defined as those holders of common shares of Caribou as of the record date, which has yet to be set by the Company. The Board of Directors of the Company will determine the date for the distribution of shares from the spin-off company and a news release announcing the record date will be issued at that time.
Read more at https://www.stockhouse.com/companies/bullboard/v.ckr/caribou-king-resources-ltd?postid=21895571#7jyZxpwMdVgjfbws.99
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