05:12:42 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Gratomic Inc (2)
Symbol GRAT
Shares Issued 199,255,817
Close 2023-10-26 C$ 0.22
Market Cap C$ 43,836,280
Recent Sedar Documents

Gratomic retains SP Angel as nominated adviser, broker

2023-10-27 11:20 ET - News Release

Mr. Arno Brand reports

GRATOMIC RETAINS SP ANGEL CORPORATE FINANCE LLP

Gratomic Inc. has retained SP Angel Corporate Finance LLP (SPA) of London, United Kingdom, to act as nominated adviser and broker in connection with the proposed admission of the company's securities to the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). The admission process generally takes three months to four months and will require the company to obtain a competent person's report relating to the properties of the company. SPA, as the company's nominated adviser, is responsible to the LSE for assessing the appropriateness of the company for AIM, and for advising and guiding the company on its responsibilities under the AIM rules for companies, both in respect of its admission and its continuing obligations on a continuing basis. The company's admission to AIM remains conditional on, amongst other things, it meeting the eligibility requirements set out in the AIM rules for companies. The company has identified the competent person to prepare the competent person's report and is in a position to establish a timeline for the process.

About Gratomic Inc.

Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company's Capim Grosso property, Gratomic sets itself apart by seeking out unique, top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. The company ranked third place in the top 10 performing mining stocks on the 2022 TSX Venture 50.

Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available.

The company has formed a collaboration agreement with Forge Nano. With its patented ALD (atomic layer deposition) coating, this co-operation is a key element in supporting Gratomic's strategies toward the value-added phases of producing graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries.

We seek Safe Harbor.

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