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Gratomic Inc (2)
Symbol GRAT
Shares Issued 200,260,817
Close 2025-04-28 C$ 0.025
Market Cap C$ 5,006,520
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Gratomic receives failure-to-file cease trade order

2025-04-28 17:38 ET - News Release

Mr. Arno Brand reports

GRATOMIC PROVIDES UPDATE ON DEFAULT STATUS REPORT

Further to the press release of April 25, 2025, the Ontario Securities Commission has advised Gratomic Inc. that it has not satisfied the criteria in National Policy 12-203 (Management Cease Trade Orders) to be issued a management cease trade order. As a result, the OSC will be issuing a failure-to-file cease trade order after April 30, 2025, for the company's failure to file its annual audited consolidated financial statements and management's discussion and analysis for the company's financial year ended Dec. 31, 2024, the deadline for filing of which is April 30, 2025. If the default in filing the financial disclosure is remedied within 90 days of the date of the FFCTO, including any annual or interim statements, MD&A, and certificates that subsequently become due, the filing of all documents constitutes the application to revoke the FFCTO, and no application fee will be required to revoke the FFCTO.

The company will endeavour to complete the audit of the company's financial statements for the year ended Dec. 31, 2024, as soon as possible.

About Gratomic Inc.

Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company aims to become a graphite supplier and to secure a strong position in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine.

Large quantities of high-quality vein graphite have been shipped for testing and have confirmed its suitability as an anode material. The company will continue to update the public on the status of these tests and will share results as they become available.

We seek Safe Harbor.

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