Ceylon Graphite Corp. announces its intention to complete a non-brokered private placement of units at a price of $0.25 per Unit for gross proceeds of up to $3,500,000. Each Unit will be comprised of one common share in the capital of Ceylon Graphite and one whole warrant , with each Warrant entitling the holder thereof to acquire one common share in the capital of Ceylon Graphite at a price of $0.30 per share for a [...]
Ceylon Graphite Corp. further to the press release filed on SEDAR on December 6, 2019, Ceylon announces that it closed the second tranche of its previously announced non-brokered private placement of units. On December 6, 2020, Company issued a total of 2,500,000 units at a price of $0.08 per Unit for aggregate gross proceeds of $200,000, which combined with the first tranche that closed on October 17, 2019, brings the [...]
via NetworkNewsAudio -- Ceylon Graphite Corp. today announces that it has been featured in a broadcast via NetworkNewsAudio , a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio press release covers Ceylon Graphite’s recent announcement that Don Baxter has joined its Board of Directors. To hear the [...]
Ceylon Graphite Corp. today announced that Don Baxter has joined the Board of Directors of the company. Don Baxter is one of the premier graphite experts outside of China, having built one of only two producing graphite mines in North America. He is presently Chief Executive Officer and Director of Applied Graphite Technologies Corp. Prior to this, Don served as President, CEO and Executive Director of [...]
Ceylon Graphite Corp. today announced that its wholly owned subsidiary Sarcon Development Ltd has started commercial production at its K1 Graphite Mining Project at Karasnagla, Sri Lanka . “We are finally in commercial production mode and look forward to selling our first container of Sri Lankan vein graphite- today we have brought 2 tons of raw graphite to the surface,” said Bharat Parashar, Chief Executive [...]
Ceylon Graphite Corp. today announced that its wholly owned subsidiary Sarcon Development Ltd has been granted an Environmental Protection License for its K1 Graphite Mining Project at Karasnagla, Sri Lanka from the Central Environmental Authority bearing No 17501 dated 14th October 2019 under provisions of the National Environmental Act 47 of 1980 and amended by Acts No 56 of 1988 and No 53 of 2000, of the Government of [...]
Ceylon Graphite Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of units. The Company has issued a total of 10,000,000 units at a price of $0.08 per Unit for aggregate gross proceeds of $800,000. Each Unit is comprised of one Ceylon Common Share and one warrant , with each Warrant entitling the holder thereof to acquire one Ceylon Common Share at [...]
Ceylon Graphite Corp. announces its intention to complete a non-brokered private placement of units and to amend the terms of convertible debentures issued by Ceylon Graphite on May 23, 2018. Proposed Private Placement of Units The Company proposes to complete a non-brokered private placement of units at a price of $0.08 per Unit for gross proceed of up to $1,250,000. Each Unit will be comprised of one common share in the [...]
Ceylon Graphite Corp. today announced that its wholly owned subsidiary Sarcon Development Ltd has been granted an Industrial Mining License Category A for its K1 Graphite Mining Project at Karasnagla, Sri Lanka from the Geological Survey and Mines Bureau under provisions of the Mines and Minerals Act No 33 of 1992 as amended by the Mines and Minerals Act No 66 of 2009, of the Government of Sri Lanka. The GSMB is the [...]
Ceylon Graphite Corp. is pleased to announce that it has received assay results of laboratory testing of graphite samples taken downhole in the shaft at its M1 site in the Malsiripura area in Sri Lanka. This new test result indicates a naturally occurring carbon content of 99.2% which is vastly superior to most other natural graphite sources globally. The laboratory testing was done by the Sri Lanka Government’s [...]
Ceylon Graphite Corp. today announced that its wholly owned subsidiary Sarcon Development Ltd has received Environmental Approval for its K1 Graphite Mining Project at Karasnagala, Sri Lanka from the Central Environmental Authority of the Government of Sri Lanka. This approval is under Regulation 9 of the National Environmental Regulation No 1 of 1993 as amended by Gazette No 1159/22 dated 22.11.2000. CEA approval is [...]
Ceylon Graphite Corp. today announced that it’s subsidiary JADs Enterprises Ltd has been awarded an IMLB license by the Geological Survey and Mines Bureau of the Government of Sri Lanka for it’s M1 site in Melsiripura, Sri Lanka. IML is an Industrial Mining License issued by the GSMB under the Mines and Minerals Act no 33 of 1992. Under category B, typically some single borehole blasting is permitted plus the [...]
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