TSX-V: GRAT
TORONTO, Dec. 6, 2019 /CNW/ - Gratomic Inc. ("GRAT" or
the "Company") (TSX-V: GRAT) (FRANKFURT:CB81, WKN:A143MR)
wishes to announce that, further to the Company's Press Release
issued December 2, 2019,
commencing at the open of the market on Tuesday, December 10, 2019, the common shares of
the Company will trade on a post-consolidation basis on the TSX
Venture Exchange on the basis of one (1) post-consolidation common
share for each five (5) pre-consolidation common shares (the
"Consolidation"). Registered shareholders will receive a
letter of transmittal to exchange their original common shares for
post-consolidation common shares. Beneficial shareholders will have
their accounts automatically adjusted. All fractions of
post-consolidation common shares will be rounded down to the next
lowest whole number and such fractional shares will be
cancelled.
The new CUSIP number for the Company's common shares on a
post-consolidation basis is 38900X207. The name and trading
symbol remain unchanged.
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.
"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