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Benzinga
Benzinga
Business
Akanksha Bakshi

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

Brazil
  • 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.
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