News

31st August 2020
2020 has so far been a very daunting period fraught with lots of uncertainty. Through this email, I am pleased to summarize the very positive developments for Ceylon Graphite, achieved despite the global pandemic. The short version is that Ceylon Graphite has hit a number of important milestones and is well positioned to grow shareholder value as demand growth for graphite as a main component of lithium ion batteries continues at a dizzying pace.
28th August 2020

Vancouver, British Columbia– August ●, 2020 - Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that pursuant to its press release of August 6, 2020, it has been granted an extension to close its proposed private placement by the TSX Venture Exchange. The extension was granted to permit Ceylon Graphite to obtain the requisite disinterested shareholder approval.

08th August 2020

VANCOUVER, British Columbia, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces its intention to complete a non-brokered private placement of units (“Units”) for gross proceeds of up to C$ 8,100,000 or US$ 6,000,000 (US$1= C$1.35) to a consortium of four international investors (the “Offering”).

05th June 2020

June 2, 2020, Vancouver – Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce its first sale of graphite from its wholly owned subsidiary, Sarcon Development (Pvt) Ltd.

03rd June 2020

June 2, 2020, Vancouver – Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce its first sale of graphite from its wholly owned subsidiary, Sarcon Development (Pvt) Ltd.

18th March 2020
Capital 10X interviews Ceylon Graphite (TSXV: CYL.V $0.10 (-4.76%)) Director Don Baxter to learn more about their Sri Lankan graphite mine. This includes an overview of their source of “vein” graphite and strategic regional positioning.
26th February 2020

Ceylon Graphite Corp is very pleased to announce excellent results of Spheronization test work carried out at an independent facility with vein graphite from our K1 mine.

11th February 2020

Ceylon Graphite Corp. is very pleased to announce that it has achieved 99.9997% Cg purity utilizing a thermal purification process with vein graphite from our K1 Mine.

28th January 2020

Ceylon Graphite Corp. announces its intention to complete a non-brokered private placement of units (“Units”) at a price of $0.25 per Unit for gross proceeds of up to $3,500,000.

20th December 2019

Ceylon Graphite (CYL.V), which has taken the unusual (in mining circles) decision to just freaking start digging, rather than go through eight years of behind-protection, triangulation, and capital raising first, is up 20% today as the first containers fill with graphite and execs chase down end user agreements.

“We are finally in commercial production mode and look forward to selling our first container of Sri Lankan vein graphite — today we have brought two tons of raw graphite to the surface,” said Bharat Parashar, chief executive officer. “These three years have been a learning process and, whilst this is just the first step to creating a globally recognized graphite mining company, we are now much better prepared to develop our next sites and at a faster pace.”

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