Gratomic Inc. wishes to provide an update on the coronavirus pandemic as it affects the Company and the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019, and the filing of its interim financial statements and accompanying management's discussion and analysis, and related CEO [...]
Gratomic Inc. wishes to announce that it will settle a further $25,990 of debt owed to an arm's length party for the issuance of 433,167 Shares of the Company at a price of $0.06 per share . Securities issued pursuant to the Further Debt Settlement are subject to a statutory hold period of four months and a day following the date of issuance. The Further Debt Settlement is subject to the approval of the TSX Venture [...]
Gratomic Inc. wishes to announce that it has amended the terms of the Debenture Units announced in the Press Release issued April 8, 2020 in relation to its engagement of First Republic Capital Corporation to act as its exclusive lead finder in respect of a non-brokered private placement to raise up to CAD $2,250,000 . First Republic will act as exclusive lead finder on a commercially reasonable efforts basis to sell up [...]
Gratomic Inc. is pleased to announce that it has engaged First Republic Capital Corporation to act as its exclusive lead finder in respect of a non-brokered private placement to raise up to CAD $2,250,300 . First Republic will act as exclusive lead finder on a commercially reasonable efforts basis to sell up to $1,667,000 aggregate principal amount of convertible debenture units for an aggregate purchase price of [...]
Gratomic Inc. is pleased to announce that it successfully raised gross proceeds of $626,000 in the recent Non-Brokered Private Placement, final approval for which was obtained from TSXV on April 6, 2020.. The Company placed 11,128,888 working capital units . Each WC Unit was priced at $0.05625 and consisted of one common share and one common share purchase warrant . On the first closing on December 18, 2019, the Company [...]
Gratomic Inc. is pleased to announce, supplementary to its February 21, 2020 Press Release, that it has received a Notice from the Ministry of Mines and Energy of Namibia that the Minister is prepared to grant Mining License 215 for its Aukam Graphite Property in Namibia. The License area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares . Securing [...]
Gratomic Inc. announces the appointment of Mr. Alex Helmel to the Board of Directors, replacing Sheldon Inwentash who has resigned as a Director. Mr. Helmel is an independent management consultant possessing specific expertise working with early stage venture companies within the Canadian Capital Markets. Mr. Helmel focuses on private to public market transitions, corporate governance, the development of senior management [...]
Gratomic Inc. announces that Arno Brand has been re-appointed as President and Chief Executive Officer, replacing Sheldon Inwentash who will move from his previous positions as Executive Chairman and CEO to a member of the Board of Directors. The Board has determined that this change at the top represents the most viable plan for the completion of its processing plant in Namibia. Further, the Company announces the [...]
Gratomic Inc. announces that Arno Brand has resigned as Co-CEO of the Company. Mr. Brand will remain a director of the Company and continue to act as an adviser to the Company for the completion of its processing plant in Namibia. Sheldon Inwentash, Executive Chairman and CEO of the Company stated: "I would like to thank Arno for his service to the Company as Co-CEO." About Gratomic Inc. Gratomic is an advanced materials [...]
Gratomic Inc. is pleased to provide the following update to shareholders on general operations and the issuance of mining license ML215. Mining License Update On the 24th of January the Company's Co-CEO, Arnoldus Brand met with the Ministry of Mines and Energy in Namibia to satisfy a request that came from the special committee that is in charge of recommending the mining license request to the Minister of Mines and [...]
Gratomic Inc. wishes to announce that it is extending its non-brokered private placement, announced on December 2, 2019. The Company has placed 11,128,888 working capital units for gross proceeds of $626,000. The Company is extending the offering for a further thirty days to raise up to an aggregate of $2.5 million through the placement of up to the remaining 33,371,112 WC Units . Each WC Unit is priced at $0.05625 and [...]
Gratomic Inc. is pleased to announce that it has closed the third tranche of its non-brokered private placement, referred to in the Press Release dated January 17, 2020 , and raised a further $128,187.50 through the issuance of 2,190,000 Working Capital Units for aggregate gross proceeds to date of $626,000. Each WC Unit is priced at $0.05625 and consists of one post-consolidated common share and one common share purchase [...]