Mr. Arno Brand reports
GRATOMIC ANNOUNCES MANAGEMENT CHANGES
Daniel Baard has resigned as interim chief financial officer and a director of Gratomic Inc. Arno Brand has been appointed interim CFO. Manie Silver, chief operating officer of the company, has been appointed chief executive officer. Mr. Brand has been appointed executive chair of the company and has agreed to forgo his executive compensation from April 1, 2024, onward.
Mr. Brand stated, "As a resident of South Africa, Manie is in the best position to manage the operation of the company as a result of his proximity to the Aukam graphite project."
The company is in the process of compiling financial information to prepare draft financial statements to submit to its auditor with a view to completing 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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