InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Issues Update on Benching Program at Flagship Project

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company focused on becoming a leading global graphite supplier, today announced a progress update on earth moving activities at its Flagship Aukam Graphite Project in Namibia. Benching, which typically consists of successively cutting berms alongside the mountain edge in order to steadily expose underground material and ensure the stability of the mountain structure, allows for the collection of graphite in stages as platforms are constructed at Aukam. Of utmost importance, the preparation phase is focused on maintaining safety and stability of the mountain structure throughout the entire benching process. Engineers must plan for the prevention of structural collapses due to existing adits and possible crevices that may exist within the rock formations. According to the update, the Gratomic engineering team has completed the necessary pre-benching requirements, including mobilization of the required yellow machines, continuation of the access road to the upper part of the mountain, and repositioning of the historic stockpiles to the run-of-mine (“ROM”) pad next to the onsite processing plant. “The safety of our people is our main focus,” said Arno Brand, Gratomic’s president and CEO. “We review all engineering plans in minute detail and have plans in place to ensure that the benching program is being conducted safely and efficiently. I am happy with the progress and look forward to seeing the rapid changes on the Aukam horizon in the coming weeks, months and years.”

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About Gratomic Inc.

Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the EV battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company’s Capim Grosso property, Gratomic sets itself apart by seeking out unique top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. The company ranked third place in the top 10 preforming mining stocks on the 2022 TSX Venture 50(TM). Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available. The company has formed a collaboration agreement with Forge Nano. With its patented ALD coating, this cooperation with Forge Nano is a key element to support Gratomic’s strategies towards the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries. For more information about the company, visit www.Gratomic.ca.

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