Sign In  |  Register  |  About Menlo Park  |  Contact Us

Menlo Park, CA
September 01, 2020 1:28pm
7-Day Forecast | Traffic
  • Search Hotels in Menlo Park

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Completes Acquisition of Brazilian Graphite Exploration Project, Announces Initial Exploration Results

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) has announced that, further to its Nov. 1 press release, the company has acquired 100% of the rights and interests in and to the “Capim Grosso Property” comprising mineral claim 870.180/2012 (426.03 Ha) located in Capim Grosso, BA, Brazil. The acquisition is pursuant to the agreement with Zumbi Mineração Brazil and the shareholders of Zumbi. “We are pleased to have successfully finalized the deal on the Zumbi project in Brazil,” said Gratomic CEO and President Arno Brand. “The goal has always been for Gratomic to evolve into a multinational organization. At its core, the company will stay true to its roots as an exploration and mining company.”

In addition, Gratomic today announced the results of an initial sampling and two trenching programs on the Capim Grosso graphite project. According to the update, results were returned from SGS Geosol in Minas Gerais, Brazil, ranging between 3.87 to 41.79% Cg. Retrieved by the company’s QP Nico Scholtz, the results have confirmed that the Capim Grosso project is highly prospective for large scale high-grade graphite mineralization. “The geological work performed at Capim Grosso thus far is starting to reveal the huge potential of this deposit and is in line with the expectations that we have had since the beginning,” said Armando Farhate, COO and head of Graphite Marketing and Sales. “Brazil has always been a graphite powerhouse and this project will further increase the country’s importance in this market.”

To view the full press releases, visit https://ibn.fm/BqLXK and https://ibn.fm/qLlGD

About Gratomic Inc.

Gratomic is focused on introducing an exceptional anode material to the global electric vehicle and energy storage supply chains. True to its roots as an exploration and mining company, Gratomic aims to achieve full operational capabilities in 2022 on its Aukam Graphite Project and continues to diversify its assets into a multinational company with various projects globally. Large quantities of its naturally high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the results will provide a unique competitive advantage in its desired target markets. The company’s recent collaboration agreement with Forge Nano has advanced the developments on its graphite finalization phase for the micronization, spheronization and the patented ALD coating of its Aukam vein graphite for use in lithium-ion batteries. Forge Nano is a global leader in surface engineering and precision nano-coating technology, using Atomic Layer Deposition. GRAT has two outstanding off-take purchase agreements with TODAQ and Phu Sumika with contract fulfillment slated to begin in 2022. Gratomic plans to deliver mine-to-market traceability through its partnership with deeptech company TODAQ by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. For more information about the company, please visit www.Gratomic.ca.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MenloPark.com & California Media Partners, LLC. All rights reserved.