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, 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
October 2nd , 2018 - Vancouver, BC - Ceylon Graphite Corp. (“Ceylon Graphite”or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce it has filed a technical report (the “Technical Report”) for the Malsipura Graphite Project (“Malsipura Project”). The Technical Report is available on SEDAR (www.sedar.com) and will be posted on the Company website shortly. The Technical Report was prepared in accordance with the requirements of National Instrument 43-101- Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr Christian Derosier, author of the Technical Report states “The mineral resource in terms of tonnage is roughly similar to the tonnage presently existing in the Bogala and Kahatagaha mines. This is vein graphite with high carbon content and we know that the high initial carbon content of Malsipura Project’s vein graphite ore will present an advantage over conventional flake graphite ore as the beneficiation effort required to achieve a high grade concentrate is reduced. The Malsipura Project site is a good prospect for economic extraction” Bharat Parashar, Chief Executive Officer of Ceylon Graphite states: “We commissioned Dr Derosier to conduct the NI 43-101 compliant study at our Malsipura Project to confirm that all our assessments of the quantum of resource available were realistic and this has been proven to be the case. If just one of our sites has tonnage similar to the Kahatagaha and Bogala mines, considering we have over 100 other Grids, the possibilities for Ceylon Graphite are mind boggling. Moving ahead at full speed to develop this site is a very compelling story”.Read more