Gratomic Inc. Outlines Strategic Path Toward Production and Expansion

TORONTO, ON – Gratomic Inc. updates shareholders on its progression from an exploration entity to a mining company, with significant milestones achieved. The firm anticipates shifting to production at Aukam, aiming to elevate its value.

Operational enhancements have been made, particularly to the processing plant at Aukam, optimizing performance. Gratomic is exploring funding avenues for the final enhancements necessary for production commencement.

The company's strategy includes securing optimal funding for completing the processing plant and providing operational capital. Most of the processing circuit components are in place or commissioned, with the entire setup poised for commercial readiness.

Gratomic expects the Aukam plant will start producing graphite within four months post funding, projecting profitability within a year. The company has invested over $30 million in the plant and is debt-free. SP Angel Corporate Finance has been engaged for a potential AIM listing, enhancing institutional connections.

Gratomic is also advancing the Capim Grosso Property, aiming for a profitable operation with minimal environmental impact. A Pre-Feasibility Study (PFS) and further drilling are planned to refine mine planning and advance towards commercial operation stages.

The company stresses that the successful transition to production and revenue generation at Aukam is pending further studies and the establishment of mineral resources and reserves.