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Gratomic Announces Leadership Changes

16.03.2020  |  Accesswire

TORONTO, March 16, 2020 - Gratomic Inc. ("GRAT" or the "Company") (TSX-V: GRAT) (FRANKFURT: CB81, WKN:A143MR) announces that Arno Brand has been re-appointed as President and Chief Executive Officer, replacing Sheldon Inwentash who will move from his previous positions as Executive Chairman and CEO to a member of the Board of Directors. The Board has determined that this change at the top represents the most viable plan for the completion of its processing plant in Namibia.

Further, the Company announces the appointment of Mr. Walter Luke to the Board of Directors replacing Gerry Feldman and Jakson Inwentash who have resigned to make room for Mr. Luke as well as potential new Directors over the coming weeks.

Mr. Luke is a professional project manager with over 29 years of global experience directing projects for tech giants such as Nortel, Bell Mobility, Nigeria Multilink, Australia Optus, and New Zealand Clear. Mr. Luke's successful private enterprise has taken him to over 40 countries and has brought international recognition (several Chairman's and President's awards) for his contributions to new business developments worldwide. Mr. Luke holds a project manager professional certification from the Project Management Institute.

"I welcome Mr. Luke to our family at Gratomic and thank Gerry Feldman and Jakson Inwentash for their contribution and guidance in the past" says Arno Brand.

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 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.

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

Arno Brand at abrand@gratomic.ca or 416 561-4095

"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 Inc.



View source version on accesswire.com:
https://www.accesswire.com/580766/Gratomic-Announces-Leadership-Changes


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