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VANCOUVER, British Columbia, June 14, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it has acquired an exclusive global licence from Cambridge Advanced Materials & Innovation (“CAMI”). The licence pertains to a method of producing high quality few-layer graphene (“FLG”) and derivatives by exfoliation of high grade vein graphite produced by Ceylon Graphite (“The Technology”).

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the appointment of Mr. Rodney Stevens as Vice President, Corporate Development for the Company. Mr. Stevens is a Chartered Financial Analyst (“CFA”) charterholder with over a decade of experience in the capital markets, first as an investment analyst with Salman Partners Inc. and subsequently as a merchant and investment banker. While at Salman Partners, he became a top-rated analyst as named by StarMine on July 17, 2007 for the metals and mining industry. Mr. Stevens was also a Portfolio Manager registered with Wolverton Securities Ltd. and over the course of his career, he has been instrumental in assisting in financings and mergers and acquisitions activities worth over $1 billion in transaction value.

VANCOUVER, British Columbia, June 02, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) today announced that Bharat Parashar has decided to retire as Chief Executive Officer and Chairman of the Board of Directors of the Company. The Board of Directors would like to thank Bharat for his dedicated leadership and achievements in setting up Ceylon’s mining operations in Sri Lanka, and setting the Company on a path to supply key materials and technologies to meet the demands ofthe current lithium ion battery storage and EV revolution. Bharat will continue to advise the incoming CEO to ensure an orderly transition. Donald Baxter, P.Eng. will step up from current role as Director to assume the Chief Executive role. Don is one of the premier graphite experts outside of China, having built one of only two producing graphite mines in North America. He has also been responsible for rapidly advancing the development of value-added graphite products, namely coated spherical purified graphite for the lithium-ion battery sector. “I am excited to have this opportunity to step into the CEO role of Ceylon and continue to advance the Company, as the critical supply chains for lithium ion batteries evolve and the need is recognized to build processing capacity outside of China, as well as provide a secure high grade low cost graphite supply,” Said Don Baxter, CEO. “The urgency of this has grown over the past year, and the move to secure materials which are critical to make enough batteries to supply almost every OEM, has accelerated significantly beyond earlier estimates.”

By Barbara Jorgensen  03.11.2021 A decade ago, the automotive industry could not foresee a semiconductor shortage disrupting vehicle production. A decade from now, automakers may face a scarcity of materials required for EV batteries and other essential components. Shortages might even come sooner than that. Increased electronics content in vehicles has tied automotive companies to the semiconductor […]