Announcement • Nov 22

Gratomic Inc. Announces Management Changes

Gratomic Inc. announced the appointment of Hermanus Manuel Silver, "Manie", to the Board of Directors and the position of Chief Operating Officer. Currently MineManager and Head of Namibian Operations, he will continue those roles. During his 42-year open-pit and open-cast mining career, Manie has also held positions as COO and CEO and is still instrumental in starting and managing several mining projects across Africa. He also consulted as Senior Engineer in mining metals and minerals within the African continent, and outside as far as Malaysia and Kazakhstan. As well, Manie has acted as Senior Engineer for the Highland Group in Eritrea, Angola, and Zambia on gold, copper, and diamonds. He was responsible for improving mine capex and opex and training senior management at Zambian Copper, DRC Copper, and Angola Diamond Mines. He also served as CEO for Miranda Coal. Positions Held: Operations Director, Namibia Contracts mining; Senior Consultant at Basil Read, in Rosh Pinah, Namibia, responsible for planning total project improvements, productivity, and costing; Managing Director, EBM Copper Mining, Namibia, starting up a new surface mining project and General Manager, Tharisa Mineral, restructuring the mining operations to extend the life-of-mine with improved profits and sustainability. The appointment of Hermanus Manuel Silver as an officer and Director of the Company is subject to TSX Venture Exchange approval. The company announced the departure of Executive Chair Bruno Baillavoine for personal reasons. Bruno's position will remain vacant for the time being, and his duties will be absorbed by the remainder of the board, as the Company assesses the best candidate to fill the position at a later stage. Bruno remains committed to the long-term success of Gratomic. He will stay on as a key consultant and continue to advise the Company on strategic matters indefinitely. The board announced the engagement of Kobus La Grange to consult on and act as head of processing. Kobus has 34 years of experience in the Southern African steel and mining industries, is a Metallurgist by profession, and is a founding shareholder of ABT established in 2012 as a subsidiary of IPtR. Starting his metallurgical/mining career with IMCOR Zinc, Namibia, he later moved to JCI in the mid-eighties, working his way through the managerial levels to Metallurgical Manager of Anglo Platinum's Rustenburg Section. In 2004, Kobus left Anglo Platinum to join a new venture called Independence Platinum Resources (IPR), where he developed and commercialised the "ConRoast" technology together with Mintek. IPR was majority held by Atomaer, which sold control to Braemore Resources, which subsequently was acquired by Jubilee Platinum. Kobus left Jubilee to join Tharisa Platinum as it moved from a trial mining venture to a major PGM and chrome production entity. As General Manager, Kobus was instrumental in developing the Tharisa operation to its full capacity. In 2012, the IPR team reassembled as IPtR, a company to develop innovative sustainable solutions in the resource, processing, and beneficiation fields that add value to Africa's mineral assets for the benefit of its people.

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