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Gratomic Agrees To Acquire 100% Interest In 3 Mining Licences In Brazil

Benzinga Real-time News · Apr 12, 2022 15:30

Gratomic Inc. (TSXV:GRAT)(OTC: CBULF) has agreed with 3 S Ltda and Beko Investments Ltd to acquire 100% of the rights and interests in and to the properties known as the Jacobina Prospect and the Igrapiuna Prospect located in the State of Bahia, Brazil.
The Property is adjacent to Gratomic's Capim Grosso graphite project located within the Bahia State.
Gratomic will make a one-time cash payment of $100 thousand and issue 1.77 million common shares.
Price Action: CBULF traded higher by 6.98% at $0.60 on the last check Tuesday.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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