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Gratomic Acquires Remaining 37% Interest in Aukam Property


Gratomic Acquires Remaining 37% Interest in Aukam Property
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / July 29, 2021 / Gratomic Inc.
( GRAT or the Company ) (TSXV:GRAT)(OTCQX:CBULF)(FRA:CB82) is pleased to announce that, further to its Press Release of June 29, 2021, the Company has acquired the remaining 37% interest (the
Interest ) in Gazania Investments Two Hundred and Forty Two (Proprietary) Limited (the
Acquisition ), the Namibian company which holds the licenses on the Aukam property (
Aukam ) pursuant to a definitive agreement (the
Agreement ) with Next Graphite, Inc. (
NextG ). Gratomic now holds 100% of the rights and interests in the Aukam Mining License (ML215) and exploration License (EPL 3895). As part of the transaction, Cliff Bream, President and CEO of NextG, has been appointed to the Board of Directors of Gratomic, subject to TSXV approval, and Lynne Brand has resigned as a director to facilitate the appointment of Cliff Bream ....

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Press Release - MINING.COM


Thursday, July 29, 2021 2:50 PM PDT
TORONTO, ON / ACCESSWIRE / July 29, 2021 / Gratomic Inc.
( GRAT or the Company ) (TSXV:GRAT)(OTCQX:CBULF)(FRA:CB82) is pleased to announce that, further to its Press Release of June 29, 2021, the Company has acquired the remaining 37% interest (the
Interest ) in Gazania Investments Two Hundred and Forty Two (Proprietary) Limited (the
Acquisition ), the Namibian company which holds the licenses on the Aukam property (
Aukam ) pursuant to a definitive agreement (the
Agreement ) with Next Graphite, Inc. (
NextG ). Gratomic now holds 100% of the rights and interests in the Aukam Mining License (ML215) and exploration License (EPL 3895). As part of the transaction, Cliff Bream, President and CEO of NextG, has been appointed to the Board of Directors of Gratomic, subject to TSXV approval, and Lynne Brand has resigned as a director to facilitate the appointment of Cliff Bream as a director. ....

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Electric Vehicle Graphite Producer Gratomic Continues to Make Major Steps Toward full Operational Capacity at Namibia Project


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Gratomic (TSXV: GRAT) presented at the Benzinga Cleantech Small Cap Conference on April 22, 2021.
Since its launch in 2014, Gratomic has been focused on introducing carbon-neutral, eco-friendly, high purity vein graphite to the global electric vehicle (EV) and energy storage supply chains. They are now seeking new opportunity and growth with the commissioning progress ongoing at its flagship Aukam Graphite Project in Namibia.
The agreement with Next Graphite, Inc. to acquire NextG s 37% interest in Gazania 242 Pty Ltd., the Namibian company that holds the licenses on the Aukam property, is ongoing but slowed temporarily due to the pandemic. However, Gratomic is still working towards full operational capabilities later in 2021. ....

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