TSX-V: GRAT
TORONTO, May 23, 2019 /CNW/ - Gratomic Inc. ("GRAT" or
the "Company") (TSX-V: GRAT) (FRANKFURT:CB81, WKN:A143MR) is
pleased to announce its first Graphene from Gratomic Graphite
derived product.
Gratomic graphenes derived from Gratomic graphite mined from its
Aukum Mine located in Namibia are
being used to manufacture Graphene enabled conductive inks and
pastes. The inks and pastes (to the best of the Company's
knowledge) are amongst the most conductive carbon inks and pastes
currently available within the global market place.
The Gratink product is formulated specifically to meet the needs
of the printed flexible electronics and EMI
shielding markets. Electromagnetic
interference (EMI), sometimes referred to as radio-frequency
interference (RFI) is a disturbance generated by an external source
that affects an electrical circuit by electromagnetic induction,
electrostatic coupling, or conduction.
The Gratink and paste applications based on surface modified
nano graphene "enablers" offer a product for market
penetration into the information technology sector that is now an
important aspect of our everyday life.
The Gratomic Gratink product delivers a functional print and
coat component solution.
Due to a multiple range of potential applications
including antennas, RFID tags, transistors, sensors, and
wearable electronics, the development of printed conductive
inks and coatings for electronic applications is growing rapidly.
Currently available conductive inks exploit metal nanoparticles to
realize electrical conductivity.
Traditionally, metallic nanoparticles are normally derived
from silver, copper and platinum based enablers which can be
expensive and easily oxidized.
The Gratink product is designed to fill a gap in both the
flexible printed electronics and EMI market space where metallic
nanoparticle solutions are unnecessary.
Gratink is initially available to meet customer printing and
coating preference specifications for R&D purposes with orders
available in one-kilo packages.
Following satisfactory customer preproduction
qualification, the products can then be varied so they are
suitable for printing and coating in bulk quantities formulated to
specification and made available as required in 10's to 100's of
kilos or tonnes.
Please note - Inks and pastes are prepared for all currently
available methods of printing and coating with the exception of ink
jet printing.
Sheldon Inwentash Co-CEO of Gratomic commented. "Gratomic is
delighted to offer their first product of a planned product range
based on the Company's graphene derived from graphite mined from
its Aukum Mine."
Gratink is a collaborative development product formulated in
tandem with Perpetuus Carbon Technology Wales UK and Gratomic
Inc.
For more information, please visit https://gratomic.ca/sales
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.
Qualified Person
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.
Risk Factors
The Company advises that it has not based its production
decision 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.
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."
FORWARD LOOKING STATEMENTS: This news release
contains forward-looking statements, which relate to future events
or future performance and reflect management's current expectations
and assumptions. Such forward-looking statements reflect
management's current beliefs and are based on assumptions made by
and information currently available to the Company. Investors are
cautioned that these forward-looking statements are neither
promises nor guarantees and are subject to risks and uncertainties
that may cause future results to differ materially from those
expected. These forward-looking statements are made as of the date
hereof and, except as required under applicable securities
legislation, the Company does not assume any obligation to update
or revise them to reflect new events or circumstances. All of the
forward-looking statements made in this press release are qualified
by these cautionary statements and by those made in our filings
with SEDAR in Canada (available
at www.sedar.com).
SOURCE Gratomic