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Gratomic Inc.

10:25 AM EST - Gratomic Inc. : Announced that it has upgraded its pre purchase agreement with technology company, TODAQ Star Program Phase 1 Corp., a subsidiary of TODAQ Holdings Inc., pursuant to the terms of a new agreement dated January 7, 2020 between the Company and TODAQ to provide battery grade graphite SG16 for the EV Battery Market. TODAQ is proposed to receive an aggregate of graphite valued at US$25,000,000 from Gratomic's Aukam Graphite Project in Namibia over a 36-month period in exchange for a non-cash digital asset created by TODAQ as a medium for exchange and store of value known as a TODA note. The Supply Agreement fulfillment has been negotiated at an exchange rate of USD$0.30 per TDN note. Gratomic Inc. shares V.GRAT are trading unchanged at $0.53.