Ceylon Graphite Corp.

Ceylon Graphite Corp. is pleased to announce that the Company has appointed founder and major shareholder Sasha Jacob as interim CEO and Director. Mr. Jacob is a seasoned corporate executive with extensive operational experience in Sri Lanka and the experience and skill set required to lead Ceylon Graphite in working with local mining leadership, governmental bodies and graphite buyers as the Company approaches commercial [...]

Ceylon Graphite is pleased to announce the renewal of the Industrial Mining Licence for the Malsiripura, “M1” mining project in Sri Lanka from the Geological Survey and Mines Bureau. The Licence grants exclusive rights to mine graphite from within the M1 mining area. With the M1 permit in hand, the Company expects to be hoisting graphite after the shaft has been deepened by twenty feet and crosscut to a parallel vein [...]

Ceylon Graphite is pleased to announce that, subject to regulatory approval, it has retained Venture Liquidity Providers to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture [...]

Ceylon Graphite is pleased to announce the renewal of The Industrial Mining Licence for the Karasnagala, “K1” Mine in Sri Lanka from the GSMB. The Licence is a category A mining Licence, which is the highest category Licence issued in Sri Lanka. The Licence grants exclusive rights to mine, process and export mined graphite from within the K1 mining area. “The K1 licence renewal demonstrates our meeting or surpassing the [...]

Ceylon Graphite is pleased to announce a renewal with North Equities Corp. of Ontario, to provide social media and capital markets advisory services to the Company, subject to approval by the TSXV. North Equities will provide marketing services to communicate to the financial community information about the Company, including, but not be limited to: Plan content that is to be posted on the Company owned YouTube channel [...]

Ceylon Graphite is pleased to announce that further to its press releases of April 6 and 7, 2022, it has closed a private placement of 21,875,000 units at a price of $0.16 per Unit for gross proceeds of $3,500,000. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each Warrant entitles the holder thereof to acquire one common share of the Company (each a “Warrant [...]

Ceylon Graphite is pleased to announce that it has amended the terms of its private placement previously announced in its press release dated April 6, 2022. The Company has increased the number of Units from 18,750,000 to 21,875,000 Units a price of $0.16 per Unit for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will [...]

Ceylon Graphite Corp. is pleased to announce its intention to complete a private placement pursuant to which it will issue and sell up to 18,750,000 units of the Company at a price of $0.16 per Unit for aggregate gross proceeds of up to $3,000,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Share of the [...]

Ceylon Graphite's unique natural vein graphite material enhanced with nano silicon additives has substantially outperformed industry standard synthetic graphite by more than 10%, We note CYL's discharge capacity of 171 mAh/g, as compared to the industry standard of 153 mAh/g We believe that the impressive performance of our vein graphite material is due to the following: High crystallinity of vein graphite; High purity [...]

Ceylon Graphite Corp. is pleased to provide the following update on recent development work and the Company's plans for 2022. A New Strategic Direction Focused on Creating Maximum Shareholder Value In June 2021, the Company announced the appointment of graphite-industry veteran and Ceylon Board member Donald Baxter, P.Eng. as Chief Executive Officer, President and Executive Director. Mr. Baxter is one of the premier [...]