InvestorNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Announces New Leadership Appointments, Reports on AGM

July 10, 2023 at 13:50 PM EDT

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company with projects in Namibia, Brazil and Canada, has named two new leaders; the company named Bruno Baillavoine as executive chair of its board of directors, and Stephen Woodhead as chief financial officer, replacing Rodger Roden, who retired. According to the announcement, Baillavoine was appointed board chair as an independent director in February, while Woodhead has been serving as executive VP of finance since March 2021. Throughout his three-decade career, Woodhead has garnered impressive experience, including working for the South African Department of Finance and Trans Hex Group, a South African diamond producer, before accepting a position as CFO for Trans Hex International; he has also worked as chief financial officer/vice president of finance with various public companies in the resource space. In addition, the company reported on its annual General and Special Meeting of Shareholders, which was held on July 6, 2023.

According to the announcement, all agenda items were approved by at least a 97% majority of the shares voted at the meeting. The announcement also indicated that Gratomic will be looking to add up to two additional independent directors to its board. “It is with great pride that I take on the new role of executive chair of the board of this exciting and challenging project at such an opportune time,” said Gratomic executive chair Bruno Baillavoine in the press release. “Gratomic has valuable assets in the form of high-quality vein graphite. It has management, commercial and technical teams with a proven record that is world class in the graphite sector. In addition, I am confident that Gratomic has the right strategy to become a key partner in the electric vehicle battery supply chain.”

To view the full press release, visit https://ibn.fm/NLmrw

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 electric vehicle (“EV”) battery supply chain. With the continued development of its flagship Aukam Project and further exploration on its 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. Large quantities of high-quality vein graphite from the Aukam Project 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 also formed a collaboration agreement with Forge Nano. This cooperation is a key element in supporting Gratomic’s strategies toward the value-added phases of producing 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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