Ceylon Graphite is honoured to be named Mines and Money Asia's 2018 Asia-Pacific Exploration Mining Company of the Year! Learn more about the awards.
VANCOUVER, B.C., Dec. 07, 2018 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) today announced the discovery of three new, natural crystalline graphite veins over 15 cms in width between 68.93 meters and 69.53 meters downhole at its H1 site in the Hakbewa area in Sri Lanka. These veins were discovered in the normal course of drilling at the H1 site and samples from the discovery have been sent to the Sri Lanka Government’s Geological Survey and Mines Bureau’s laboratory for testing.Read more
VANCOUVER, British Columbia, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp.("Ceylon Graphite" or the "Company")(TSX-V:CYL) (OTC:CYLYF) (FSE: CCY) announced today that Dorfner Analysenzentrum und Anlagenplanungsgesellschaft mbH ("ANZAPLAN") has certified graphite obtained from its K 1 exploration site meets the parameters of spherical graphite required for battery and energy storage applications. These tests conducted by ANZAPLAN over the last month confirm Ceylon Graphite's end goal of producing premium battery grade spheroidized product for prospective lithium-ion battery manufacturers and other energy storage end-users.Read more
VANCOUVER, British Columbia, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that it has secured The Depository Trust Company (DTC) eligibility for its shares traded in the United States under the symbol CYLYF. The Company's common shares traded on the OTC Market in the United States, under the symbol "CYLYF" are Depository Trust Company ("DTC") eligible, effective November 1, 2018. The DTC will facilitate electronic settlement of transfers of its common shares in the United States. Bharat Parashar, Chairman and Chief Executive Officer of Ceylon Graphite said: "Ceylon Graphite registering its shares with DTC is a fundamental step towards establishing the company with the American investment community. This electronic method of clearing securities expedites the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms. The DTC's electronic settlement of our shares is critical to having an effective market for our securities. We look forward to a long and mutually beneficial relationship with the American investment community."Read more