LOI To Acquire Brazilian Graphite Exploration Project


TORONTO - Gratomic Inc. has entered into a letter of intent with Zumbi Mineraçao Brazil for the acquisition of 100% of the rights and interests in and to the "Capim Grosso Property" comprising mineral claim 870.180/2012 (426.03 Ha) located in Capim Grosso, BA, Brazil.

Immediately following Closing, Gratomic will commence a trenching program to generate further geological information and plan future drilling. The Company has collected verification samples on the property and has sent these to SGS Geosol Brazil for umpire analysis. These form part of the prequalification conditions to conclude the transaction.