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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.


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Post by GabeBuffeton Dec 08, 2021 3:37pm
93 Views
Post# 34211813

Market-makers... slow and steady wink* $1.38

Market-makers... slow and steady wink* $1.38 In consideration for a 100% interest in the Capim Grosso Property, Gratomic paid CAD $ 200,000 to the Vendors and issued to the Vendors an aggregate of 3,840,580 common shares, at a deemed price of $1.38 per share, subject to a resale restriction expiring on April 9, 2022. In addition, 2,845,671 of the common shares issued are subject to a twelve (12) month resale restriction expiring on December 8, 2022. The Vendors retained a 3% gross smelter return royalty in respect of all minerals processed from the Capim Grosso Property, other than graphite, on the terms and conditions set forth in a gross smelter royalty agreement dated December 8, 2021.
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