VANCOUVER, April 06, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSXV: CYL) (OTCQB: CYLYF) (FSE: CCY) is pleased to announce its intention to complete a private placement pursuant to which it will issue and sell up to 18,750,000 units of the Company (the “Units”) at a price of $0.16 per Unit (the “Unit Price”) for aggregate gross proceeds of up to $3,000,000 (the “Offering”).
