Mr. Arno Brand reports

GRATOMIC ANNOUNCES UPDATE ON CAPIM GROSSO GRAPHITE PROJECT DRILLING PROGRAM IN BRAZIL

Gratomic Inc. has released preliminary findings from its 5,000-metre diamond drill program on the Capim Grosso graphite project located within the Bahia state of Brazil, to further delineate graphite mineralization on a recently completed twofold trenching and sampling program. The company has a 100-per-cent interest in the Capim Grosso graphite project.

A total of 686.65 metres have been drilled to date. The introduction of a second drilling rig, which is currently on site, has expedited the drilling program. The ability to drill with two rigs simultaneously will accelerate the conclusion of the drilling program and will positively impact the announcement of results. Drill core cutting equipment is currently at the site, which will enable the team to begin splitting the drill core to produce samples for laboratory assays. SGS Geosol, in Vespasiano, state of Minas Gerais, Brazil, will be commissioned to conduct the analysis of the assays.

Table 1. Six diamond drill holes completed to date on the Capim Grosso graphite project in Brazil (WGS84, UTM zone 24S) showing visual graphite of wider than 0.5 m intercepts (note these graphite intercepts require laboratory assays for graphite grade verification).

The six completed drill holes intercepted graphite varying in width from 0.1 m to 3.88 m (note * QP (qualified person) believes that these are close to true width based upon drill holes' perpendicular intersection on lithological dips). Assay results from the first six drill holes will be announced when received and analyzed. The aim of the drill program is to publish a maiden resource estimate in accordance with National Instrument (NI 43-101).

Graphite samples obtained in the first 686.65 metres of the 5,000-metre drill program at Capim Grosso, Brazil.

Armando Farhate, chief operating officer and head of graphite sales, says, "The work is unfolding at a very good pace, and being carried on with full safety and environment preservation."

"These latest developments continue to drive Gratomic towards its goals of bringing value to its shareholders and stakeholders, in a clean and sustainable growth path," stated Arno Brand, president and chief executive officer.

Nico Scholtz is a consulting geologist and has reviewed and approved the scientific and technical information in this news release. Mr. Scholtz is a registered professional natural scientist with the South African Council for Natural Scientific Professions (PrSciNat, No. 400299/07). Mr. Scholtz is the company's qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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 EV (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.

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 with Forge Nano is a key element to support Gratomic's strategies toward the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries.

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