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Gratomic Inc : Gratomic Provides Further Update on its Acquisition of the Remaining 37% Interest in Aukam Property

(1) TORONTO, ON / ACCESSWIRE / April 22, 2021 / Gratomic Inc. ( GRAT or the Company ) (TSXV:GRAT)(OTCQX:CBULF)(FRANKFURT:CB82)(WKN:A143MR) is pleased to provide an update to its press releases of November 19, 2020, February 17, 2021 and March 19, 2021, in which it disclosed that it had entered into a definitive agreement, as amended, (the Agreement ) with Next Graphite, Inc. ( NextG ), for the acquisition of NextG s 37% interest in Gazania 242 Pty Ltd. (the Acquisition ), the Namibian company which holds the licenses on the Aukam property. The ongoing global pandemic has continued to affect the closing of the Acquisition as the Company deals with the tax and legal issues of the Acquisition in Canada, the US and Namibia. The Acquisition remains ongoing and will close once all of the pre-conditions to closing have been satisfied. Upon completion of the Acquisition, Gratomic will hold 100% of the rights and interests in the Aukam Mining License (ML215) and exploration License (EPL

Second Commissioning Update on Aukam Processing Plant

Second Commissioning Update on Aukam Processing Plant
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