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Gratomic $GRAT.ca Receives Notice to Grant Mining License $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ

Posted by AGORACOM at 2:13 PM on Thursday, March 26th, 2020
  • Ministry of Mines is prepared to grant Mining License 215 (ML215) for its Aukam Graphite Property in Namibia.
  • Gratomic can now produce a concentrate of up to 98% Cg
  • Management has subsequently decided to build a 20 000 tonne per annum processing plant.

Gratomic Inc. is pleased to announce, supplementary to its February 21, 2020 Press Release, that it has received a Notice from the Ministry of Mines and Energy of Namibia that the Minister is prepared to grant Mining License 215 (ML215) for its Aukam Graphite Property in Namibia. The License area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares (5002 ha). Securing the mining license is a critical step towards moving the Aukam Mine into commercial production.

The Company has completed 8 months of pilot testing on historically mined product and conducted an internal study on the efficiency of the pilot processing facility on this material. Through rigorous testing and adjustments to the plant, Gratomic can now produce a concentrate of up to 98% Cg. Management has subsequently decided to build a 20 000 tonne per annum processing plant. To date, 90% of construction is complete. Upon completion of the remaining 10%, the Company will initially start processing material from historical workings left at the surface when the mine last operated in 1974.

The Company has recently appointed Dr. Ian Flint to complete a preliminary economic assessment on the Aukam Processing plant. The study, its recommendations, and their subsequent implementation, will ensure the scale up of the existing pilot plant to a commercial scale processing facility that will provide the desired concentrate grades and production rates.

With respect to site exploration, in the coming months diamond drilling will resume at Aukam Graphite. The drilling will be conducted utilizing Company owned drilling equipment, focusing on areas proximal to graphite mineralization, depicted by previous diamond drilling, underground excavation and surface outcrop sampling. The drill targeting will be systematic with the expectation of producing an NI 43-101 resource estimate.

Arno Brand, President and CEO of the Company stated that “the Company will be able to satisfy all of the conditions in the Notice and proceed to commercialization of its Aukam Graphite Mine. This marks a significant milestone for the Company.”

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

Steve Gray, P. Geo. has reviewed and approved the scientific and technical information in this press release and is the Company’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene-based components for a range of mass market products. We have a Joint Venture collaboration with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Graphene for Physicists, Materials Scientists, and Engineers SPONSOR: Gratomic $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ

Posted by AGORACOM at 12:39 PM on Tuesday, January 28th, 2020
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SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene based components for a range of mass market products. Collaborating with Perpetuus, Gratomic will use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. For More Info Click Here

In the weeks since the Physics World team kicked off the new year by testing a pair of graphene headphones, we’ve received a steady stream of comments about our review and a related segment on our weekly podcast. A few people have asked our opinion of other graphene headphones, and one man went so far as to question whether the “graphene” label he found on an inexpensive pair of headphones was anything more than “misleading click-bait”.

I can’t judge any product I haven’t tried, and I also can’t judge a product’s graphene content without taking it apart and getting experts to analyse it. However, with those two caveats firmly in place, here are two facts to consider should you happen to be in the market for graphene headphones (and, by extension, graphene anything).

First, a lot of things contribute to how a pair of headphones will sound. The physical composition of the headphone drivers (graphene, PET, cellulose, or whatever) is only one factor. Others include the method by which those drivers create sound (this blog post explains a few of the possibilities, and their trade-offs); the quality of the other electronics; and simple things like how well the headphones fit over/in your ears. Some of these things are more expensive to optimize than others. The graphene headphones I tested are a high-end product with, it appears, a high-end price, so I suspect they are pretty good at the non-graphene-related aspects of headphone design – and that much of their cost comes from that, not from the graphene.

Second, graphene exists in many forms, with many price points. A lot of physicists are interested in ultra-pure, single-layer graphene, which has amazing electronic properties. This “physicists’ graphene” is difficult (and expensive) to make in macroscopic quantities. However, others are more interested in graphene’s mechanical properties, such as strength and rigidity. To get these properties, you don’t need ultra-pure single-layer graphene. You can get by with a cheaper type, which for argument’s sake I will term “materials scientists’ graphene” (this is an oversimplification, but it conveys the right feel). The proprietary graphene-based material in the headphones I tested was most likely in this category.

But even this type of graphene is expensive relative to a third type of graphene, which is cheap enough to be added in bulk to substances like paint or resin to improve their heat transport and/or electrical conductivity. As I understand it, this “engineers’ graphene” functions like a superior version of graphite, and manufacturers are selling it by the kilo (and maybe, soon, by the tonne).

I’m not trying to start a three-way brawl between physicists, materials scientists and engineers about which type of graphene is better. They all have their uses, and they all qualify as graphene. But here’s the problem: a product can advertise itself, accurately, as containing graphene even if the graphene it contains is not of a type or quantity that’s going to make a difference to its performance. What’s more, if an unscrupulous manufacturer wants to put graphite in its product and call it “graphene”, it’s hard for ordinary consumers to know the difference. To the naked eye, graphene and graphite both look like gritty black powders. You need more sophisticated testing equipment to distinguish between them, and between the various grades of graphene.

Certification is a huge issue for the graphene industry, and a lot of people are working on it. However, until there’s a strong framework for regulation, the next best thing is probably to look for independent endorsements by people and organizations who know what they’re talking about. The headphones I tried were endorsed by the co-discoverer of graphene, Kostya Novoselov, as making good use of the material. Since then, I’ve learned of a different make of graphene headphones that has been endorsed by an industry body called the Graphene Council. However, until someone gives Physics World its own product-testing lab and qualified technicians to run it, that’s about all I can say – except to add that there are some graphene products I definitely won’t be testing with my colleagues.

SOURCE:https://physicsworld.com/a/graphene-for-physicists-materials-scientists-and-engineers/

Goodyear To Launch Bicycle Tires With Graphene Technology SPONSOR Gratomic $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ

Posted by AGORACOM at 5:17 PM on Monday, January 27th, 2020
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SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene based components for a range of mass market products. Collaborating with Perpetuus, Gratomic will use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. For More Info Click Here

  • Goodyear developed a proprietary compound enhanced with graphene
  • The rubber is able to deliver low rolling resistance, improved grip in the dry and wet and long-term durability.

Famous tire and rubber company Goodyear has launched two new bicycle tyres, Eagle F1 and Eagle F1 Supersport utilizing graphene technology and weighing just 180g for a 23mm model.

Goodyear launches graphene-enhanced tires image

The new Eagle F1 is an “ultra-high-performance all-round road tire” and the Eagle F1 Supersport, which is even lighter, is aimed at the upper echelons of competition and will be suited to road racing, time trial and triathlon where speed trumps all other requirements.

In the tire world, Vittoria has become well-known for adding the wonder material to its tires for several years, and Goodyear has followed suit with its new rubber compound.

Goodyear has developed a proprietary compound enhanced with graphene and “next-generation amorphous (non-crystalline) spherical Silica” to create what it labels Dynamic:GSR. The result of this is said to be a rubber that is able to deliver low rolling resistance, improved grip in the dry and wet and long-term durability.

he Eagle F1 comes in five width options from 23 to 32mm, while the Eagle F1 Supersport comes in three widths from 23 to 28mm.

To produce the new tire Goodyear has invested in its own factory in Taiwan and has developed a process that allows much greater control over the construction of the tire. It didn’t share too many details, but it believes this enhanced precision contributes to significant weight savings.

Currently the new Eagle F1 and F1 Supersport are only available as clincher tube-type tires, but a tubeless tire is reportedly in the pipeline for a launch later this year.

The new tires will cost from £45 and be in shops in February.

SOURCE: https://www.graphene-info.com/goodyear-launch-bicycle-tires-graphene-technology

Ultra-Flat Graphene Goes Wrinkle Free SPONSOR Gratomic $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ

Posted by AGORACOM at 5:40 PM on Tuesday, January 21st, 2020
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SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene based components for a range of mass market products. Collaborating with Perpetuus, Gratomic will use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. For More Info Click Here

A new technique to make ultra-flat, wrinkle-free films of graphene could pave the way for a host of applications, including graphene-based flexible electronics and high-frequency transistors. The technique works by introducing protons into the film as graphene is synthesized using chemical vapour deposition (CVD), and its inventors say that it might be extended to other two-dimensional materials such hexagonal boron nitride (h-BN) and the transition-metal dichalcogenides (TMDCs). It could also aid the development of hydrogen storage devices made from layered 2D structures.

Graphene – a 2D honeycomb of carbon atoms just one atom thick – boasts several unique electronic properties. In contrast to conventional semiconductors, which have an energy gap between the electron valence and conduction bands, graphene is a “zero-gap” semiconductor. This means its electron valence and conduction bands just touch each other. At the point of contact, the electrons move at near-ballistic speeds, and their behaviour is governed by the Dirac equation for relativistic electrons – hence the name “Dirac point” for this section of graphene’s band structure.

Linear defects

So far, this electronic behaviour has only been observed in small flakes of graphene that have been shaved off, or exfoliated, from samples of bulk graphite. These flakes are not big enough to be practical for electronic circuits, and although larger, wafer-sized graphene films can easily be produced via CVD, their electronic performance is not as good. This is because CVD-grown graphene, unlike the exfoliated type, contains grain boundaries, atomic vacancies, impurities and wrinkles. These defects act as centres off which electrons can scatter as they travel, thus degrading the material’s electronic properties.

CVD-produced graphene is prone to wrinkling because the graphene must adhere to the surface of a substrate as it grows. If the thermal expansion coefficient of the substrate does not match that of the graphene itself, a change in temperature can lead to linear defects – wrinkles – forming as the ensemble strives to release compressive strain.

Researchers have attempted to reduce wrinkling by performing CVD at low temperatures, using substrates with a similar thermal coefficient to that of graphene, and developing single-crystalline substrates. A team of researchers led by Libo Gao at China’s Nanjing University has now shown that reducing the interaction between graphene and its substrate might be a good, alternative, strategy.

Intercalating hydrogen molecules

The Nanjing team began by introducing a plasma of protons – hydrogen ions – into the graphene’s growth chamber. During the CVD process, some of this hydrogen became intercalated between the graphene and its substrate, causing the two materials to decouple.

Gao and colleagues found that some of the wrinkles disappeared entirely from the graphene thanks to this proton penetration. They believe this is due to decreased van der Waals interactions between the carbon sheet and the substrate, as well as – possibly – an increase in the substrate’s distance from the growth surface thanks to the intercalation process.

High-quality bilayer graphene goes large

The researchers also found that the electronic band structure of their graphene films shows a V-shaped “Dirac cone” (representing the density of states around the Dirac point) similar to the one observed in exfoliated graphene. They argue that this proves the proton-assisted CVD-grown graphene is indeed decoupled from its substrate.

The technique, which is detailed in Nature, could be extended to grow ultra-flat versions of other 2D materials, such as h-BN and the TMDCs, Gao says. It might also make it possible to develop hydrogen storage devices made from these layered materials.

“The physical and electronic properties of our ultra-flat graphene films are homogenous on the large scale, which means they might now be used in higher-performance electronic and photoelectronic devices,” he tells Physics World.

Source:https://physicsworld.com/a/ultra-flat-graphene-goes-wrinkle-free/

Gratomic $GRAT.ca Graphene Applications Gain Real Pace $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ

Posted by AGORACOM at 7:53 PM on Friday, January 10th, 2020
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SPONSOR: Gratomic Inc. (TSX-V: GRAT) Advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene based components for a range of mass market products. Collaborating with Perpetuus, Gratomic will use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. For More Info Click Here

  • “Experts say we are approaching a tipping point for graphene commercialisation”

Andy Burnham, Mayor for Greater Manchester, made a fact-finding tour of facilities that are pioneering graphene innovation at The University of Manchester.

The Mayor toured the Graphene Engineering Innovation Centre (GEIC) which is an industry-facing facility specialising in the rapid development and scale up of graphene and other 2D materials applications.

As well as state-of-the art labs and equipment, the Mayor was also shown examples of commercialisation – including the world’s first-ever sports shoes to use graphene which has been produced by specialist sports footwear company inov-8 who are based in the North.

Andy Burnham – a running enthusiast who has previously participated in a number of marathons – has promised to put a pair of graphene trainers to the test and feedback his own experiences to researchers based at The University of Manchester. “Manchester is the home of graphene – and when you see the brilliant work and the products now being developed with the help of the Graphene@Manchester team it’s clear why this city-region maintains global leadership in research and innovation around this fantastic advanced material.” Andy Burnham, Greater Manchester Mayor

By collaborating with graphene experts in Manchester, inov-8 has been able to develop a graphene-enhanced rubber which they now use for outsoles in a new range of running and fitness shoes. In testing, the groundbreaking G-SERIES shoes have outlasted 1,000 miles and are scientifically proven to be 50% stronger, 50% more elastic and 50% harder wearing.

“Manchester is the home of graphene – and when you see the brilliant work and the products now being developed with the help of the Graphene@Manchester team it’s clear why this city-region maintains global leadership in research and innovation around this fantastic advanced material,” said Andy Burnham.

“I have been very impressed with the exciting model of innovation the University has pioneered in our city-region, with the Graphene Engineering Innovation Centre playing a vital role by working with its many business partners to take breakthrough science from the lab and apply it to real world challenges.

“And thanks to world firsts, like the graphene running shoe, the application of graphene is now gaining real pace. In fact, the experts say we are approaching a tipping point for graphene commercialisation – and this is being led right here in Greater Manchester.”

Source: https://www.manchester.ac.uk/discover/news/mayor-praises-manchester-model-of-innovation-as-graphene-applications-gain-real-pace/ 

Gratomic $GRAT.ca – Gratomic Receives First Two Purchase Orders For Pre-Graphene Graphite From TODAQ $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 8:29 AM on Friday, December 20th, 2019
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  • First of two monthly graphite purchase orders to the value of US$ 6 Million as part of an aggregate US$25,000,000 deal spanning over 39 months payable in Toda Notes (“TDN”)
  • The deal between TODAQ and Gratomic Inc. is powered by the TDN digital asset
  • Graphite to sit in TDN reserve backstop to underpin the true value of the digital asset

Gratomic Inc. (“Gratomic” or the “Company”) (TSX-V:GRAT)(FRANKFURT:CB81) a vertically integrated graphite to graphenes, advanced materials development company announces it has received its first two purchase orders for a total of USD 6 Million following a previously announced supply agreement on October 17, 2019 (https://gratomic.ca/gratomic-signs-deal-to-supply-graphite-to-todaq/) for an aggregate of USD $25,000,000 of graphite in an all-digital-asset deal from TODAQ STAR Program Phase 1 Corp, a subsidiary of TODAQ Holdings. The purchase orders are each for 600 tonnes of graphite valued at USD $6,000,000 solely payable in TDN at a price of USD$0.10 per TDN for an aggregate of TDN 60,000,000 that is to be delivered within 90 days.

Subsequent to the success of the initial delivery, TODAQ will place one additional order of 600 tonnes of graphite with 30 day intervals bringing the total to 1800 tonnes of graphite for USD $9,000,000 in consideration for the issuance of an aggregate of 90 million TDN. Thereafter, TODAQ will place orders on a monthly basis with the value of USD $484,848.49 based on both the purchase price for graphite and the exchange between USD and TDN applicable at the time over a period of 39 months.

The agreement marks the first steps towards a significant journey for Sovereignty Tech pioneer TODAQ, with a strategic intention towards both building its TDN rewards program and allowing cryptographic ownership of commodities so that all business, people and markets can transact quickly with security and long-term stability. Furthermore, the graphite will sit in the TDN reserve backstop as part of a diverse set of commodities to underpin the true value of deployed TDN with physical substance and utility.

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with satisfying the terms of the Todaq Supply Agreement.

Gratomic wishes to emphasize that Supply Agreement is conditional on Gratomic being able to bring the Aukam project into a production phase, and for any graphite being produced to meet certain technical and mineralization requirements.

Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of Aukam. Presently the Company uses its existing pilot processing facility to produce certain amounts of graphite concentrate from accumulated surface graphite.

Risk Factors

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

The Supply Agreement provides that if Gratomic is unable to deliver graphite in accordance with the orders from Todaq, Todaq has the right to refuse to take any subsequent attempt to fulfil the order, terminate the agreement immediately, obtain substitute product from another supplier and recover from the Company any costs and expenses incurred in obtaining such substitute product or suing for damages under the contract.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

Steve Gray, P.Geo. has reviewed, prepared and approved the scientific and technical information in this press release and is Gratomic Inc’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About TODAQ

TODAQ serves businesses, financial institutions and governments, offering a true digital asset ownership management platform for secure and efficient settlement. Leveraging the TODA protocol, each asset maintains an immutable, sovereign record of ownership. TODAQ aims to enhance the right of ownership over digital assets through the use of cryptographic and legal techniques to replace intermediaries. In 2019, TODAQ officially launched the TODA Note (TDN) as a fungible digital payment and loyalty asset. To learn more about TODAQ and TDN, please visit https://todaq.net and https://tdn.network, questions should be directed to [email protected].

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. Gratomic is collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand, Co-CEO, +1 416-561-4095

E-mail inquiries: [email protected]

CLIENT FEATURE: Gratomic $GRAT.ca – Creating the Graphene Tire Market $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 2:47 PM on Wednesday, December 18th, 2019
  • The global tire market acknowledges that employing graphenes within tire treads, walls and the inner linings can make tires lighter, provide better grip and reduce rolling resistance to an extent that is not possible with existing tire compounds
  • Key to the ability for Gratomic to establish the first mass-market Mine to Graphene to Tire, is the production of large quantities of graphenes nano surface modified to enhance tire performance
  • Gratomic is developing and commercializing its Graphene Processing capacity in Wales through its partnership with Perpetuus carbon technologies and prepared an additional 2 tonnes of Graphite concentrate for converting into high quality Graphenes targeted for the use and development of several high value Graphene applications.

Tire Outperformance Categories:

 Rolling resistance

 Braking/grip on wet and ice roads

 Abrasion resistance

Tires, enhanced with surface engineered graphenes, produced a greater than 30% increase in wear resistance over the competing Brand Tires, equating to an additional +30% mileage before the tire was needed to be replaced.

Furthermore, the results of testing carried out by industry experts employing industry standard dynamic mechanical analysis (DMA) showed a significant improvement in rolling resistance, which indicated a greater than 30% improvement in fuel economy (increased MPG).

Results showed a greater than a 40% improvement in both wet and ice braking.

About Gratomic Inc.

Gratomic is an advanced material company focused on mine to market commercialization of graphite products, most notably high-value graphene-based components for a range of mass market products.

Gratomic Hub on Agoracom

FULL DISCLOSURE: Gratomic is an advertising client of AGORA Internet Relations Corp.

Gratomic $GRAT.ca -Surface Modified Graphenes Tires Outperform Globally Recognised Premium Tire Brands $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 8:50 AM on Tuesday, October 29th, 2019

TORONTO, Oct. 29, 2019 /PRNewswire/ — Gratomic Inc. (“Gratomic” or the “Company”) (GRAT:TSXV) (CB81:FRA; WKN:A143MR) a vertically integrated graphite to graphenes, advanced materials development company announces the receipt of positive results from extensive testing of its graphene enhanced tires, versus globally recognized, premium brand tires. The Company believes these results represent a breakthrough in tire technology that warrants deployment into the global tire market.

Outperformance Categories: Rolling resistance, Braking/grip on wet and ice roads, and Abrasion resistance

THE TESTING PROGRAM

The 18 month development program included a 6-month terrain test in which graphenes enhanced tires (“Gratomic Tires”) and premium tires from a globally recognized ‘household name’ brand (“Brand Tires”) were fitted to high mileage, commercial light vehicles, which primarily travelled on A and B roads within the UK. Performance of the tires was data logged throughout the entire test period.

THE RESULTS

The results of the road test concluded the Gratomic Tires, enhanced with surface engineered graphenes, produced a greater than 30% increase in wear resistance over the competing Brand Tires, equating to an additional +30% mileage before the tire was needed to be replaced.

Furthermore, the results of testing carried out by industry experts employing industry standard dynamic mechanical analysis (DMA) showed a significant improvement in rolling resistance, which indicated a greater than 30% improvement in fuel economy (increased MPG).

Finally, the results showed a greater than a 40% improvement in both wet and ice braking.

“The initial 6-month competitive terrain testing program has demonstrated the economic benefits and advantages of including Gratomic’s graphite surface modified graphene fillers within tire elastomers,” said Ian Walters, COO Director of Perpetuus Carbon Technology (“Perpetuus”). Mr. Walters went on to say, “The Gratomic tires provided significantly improved performance when compared not only to mass market tires but also premium brand tires. I can confirm that Perpetuus scientists supervised all independent third-party industry expert performance analysis and also the data logged road testing exercise.”

MARKET IMPLICATIONS

“We see these results as a breakthrough in tire technology and safety. We look forward to deploying nano-engineered graphenes enhanced passenger and light commercial tires into the global tire market,” said Gratomic Chairman and Co-CEO, Sheldon Inwentash.

Mr. Ricketts, proprietor of the test vehicles stated, “We have a fleet of vans delivering parts, 6 days a week, in all weathers and on all types of roads. The data collected during the exercise surpassed our expectations and has shown that Gratomic tires outlasted the premier brand tires. Potentially, we could make a 40% saving on our annual tire budget, and that’s a lot of money.” Mr. Rickard is the proprietor of a fleet of light commercial vehicles who collaborated in the vehicle performance testing.

Further to the Company’s press release of January 16, 2019, Perpetuus and Gratomic have a collaboration agreement pursuant to which Gratomic provides graphite from its Aukam project for processing by Perpetuus at its dedicated facility, using its patented plasma process, to produce Hybrid Graphenes (less than 10 layers) to be included in elastomers for tire construction for the development of Graphene Ultra Fuel Efficient Tires (GUET).

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We have a JV collaborating with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

Gratomic Inc $GRAT.ca Processing and Stockpiling Aukam Mine Graphite in Preparation for Sales $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 1:24 PM on Thursday, October 24th, 2019
  • 178 tonnes of product processed through the existing pilot plant
  • Systematically increased the grade to commercially desirable 95% – 97% Cg (Carbon in Graphite)
  • Able to upgrade this material to over 99% Cg through air classification
  • 350 tonnes of graphitic material stockpiled at the processing site ready for beneficiation

TORONTO, Oct. 24, 2019 /CNW/ – Gratomic Inc. (“Gratomic” or the “Company”) (TSX-V: GRAT) (CB81–FRANKFURT; WKN:A143MR) a vertically integrated graphite to graphenes, advanced materials development company is pleased to provide further updates from its Aukam Graphite Project in Namibia.

The Company is pleased to report that is has completed the crushing and grinding circuit which has a 50 metric tonnes per hour capacity. The Company also completed the installation and setup of the Processing Plant’s Rougher, Cleaner and Scavenger flotation columns.  The cumulative capacity of the columns combined with the Rougher Mixing Tank and slurry line is initially 2.8 tonnes per hour.

To date the Company has put 178 tonnes of product through the existing pilot plant systematically increasing the grade to commercially desirable 95% – 97% Cg (Carbon in Graphite). It has further indicated that it is able to upgrade this material through air classification to over 99% Cg.

Operationally, the Company has decided to put on hold an updated drying circuit pending financing of the Company. The drying circuit will be shipped to Namibia after the final payment of CAD $75,000 is made and will arrive within 39 days of the payment. The Company has decided to delay this upgrade in the short term in order to preserve available capital and will utilize the existing drying circuit which can manage the material drying requirements in the interim.

The Company has entered into an agreement with VIVO Shell in July of 2019 (the “Agreement”) to invest N$ 700,000 into the construction of a bulk 50,000 litre fuel storage facility that will be erected at the Aukam Fuel depot located within 1.2 km from the mine site. The Company is also in discussions with Namibia’s largest mining contractor “LEWCOR” and is reviewing plans to initiate mining and earth moving operations.

In preparation of product sales, a total of 350 tonnes of graphitic material has been stockpiled at the processing site ready for beneficiation. During the first two months of the LEWCOR contract, the stockpile will be further increased to 5,000 tonnes from available surface mine dumps which contain approximately 23,000 tonnes of graphitic material.

Management will be curtailing ongoing mining costs by temporarily reducing non-critical staff until the completion of a financing. The Company sees this as a positive means to decrease monthly capital requirements by approximately 75%.  All staff has been paid up to date with salaries being supported primarily through capital injection by the company’s two CEOs.  The non-critical mine staff that are not directly affiliated with mine construction will be rehired upon the completion of a financing to resume mining and processing activities.

Risk Factors

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

Qualified Persons

Steve Gray, P. Geo. has reviewed, prepared and approved the scientific and technical information in this press release and is Gratomic Inc’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene-based components for a range of mass market products. The Company has a JV collaborating with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

Gratomic Signs Deal to Supply Graphite to Todaq $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 8:12 AM on Thursday, October 17th, 2019
  • Graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN
  • The TDN will allow for cryptographic ownership and tracking of commodities as they are processed and traded.
  • The price of TDN was negotiated between the parties in respect of the first 1800 tonnes of graphite. Thereafter, the price of TDN will be based on the market price for TDN for the month in which subsequent orders are placed by Todaq

The graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN. The TDN will allow for cryptographic ownership and tracking of commodities as they are processed and traded. The price of TDN was negotiated between the parties in respect of the first 1800 tonnes of graphite. Thereafter, the price of TDN will be based on the market price for TDN for the month in which subsequent orders are placed by Todaq. The price per tonne for graphite was negotiated between the parties and is fixed for the first 1800 tonnes. Thereafter, the price per tonne will be based on the price at which the Company sells similar product to third parties. Although Sheldon Inwentash, Co-CEO of the Company, acts as an advisor to TODAQ Holdings, the Supply Agreement was negotiated on an arm’s-length basis between Gratomic and Todaq without any involvement by Mr. Inwentash, and Gratomic is at arm’s length to Todaq and TODAQ Holdings.

The initial 1800 tonnes of graphite will be processed through the Company’s pilot processing plant. The Supply Agreement provides that the graphite to be delivered will comprise 95% carbon, contain no more than 0.5% moisture content and will be sized at 173 µm (0.173 mm) or less. Gratomic is in the process of finalizing and fine-tuning its commercial scale graphite processing plant referred to in the Company’s Press Release dated May 3, 2019.

Gratomic Executive Chairman and Co-CEO, Sheldon Inwentash commented, “Building our long-term treasury and creating secure digital ownership of commodities that can carry an immutable history of its quality, amount, handling, testing and custody, and which can move without friction through manufacturing chains or on trading platforms is where we need to be. As we move to production, this acquisition program creates the foundation to start that focused work”

Gratomic wishes to emphasize that Supply Agreement is conditional on Gratomic being able to bring the Aukam project into a production phase, and for any graphite being produced to meet certain technical and mineralization requirements.

Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of Aukam.

Presently the Company uses its existing pilot processing facility to produce certain amounts of graphite concentrate from accumulated surface graphite.

Risk Factors

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

The Supply Agreement provides that if Gratomic is unable to deliver graphite in accordance with the orders from Todaq, Todaq has the right to refuse to take any subsequent attempt to fulfil the order, terminate the agreement immediately, obtain substitute product from another supplier and recover from the Company any costs and expenses incurred in obtaining such substitute product or suing for damages under the contract.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

Steve Gray, P.Geo. has reviewed, prepared and approved the scientific and technical information in this press release and is Gratomic Inc’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol GRAT.

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”