Vancouver, Canada, December 30, 2016 – Optimal Energy B.V. (the “
Acquiror”) announces that, on December 30, 2016, it acquired 8,464,500 common shares of Ceylon Graphite Corp. (formerly NWest Energy Corp.) (the “
Company”) and 8,464,500 special warrants of the Company in exchange for 5,000 common shares of Plumbago Refining Corp. B.V. (“
Plumbago”) held, in connection with a Reverse Takeover (as that term is defined by the policies of the TSX Venture Exchange (“
TSXV”) (the “
RTO”) of the Company by Plumbago which was conducted through the facilities of the TSXV.
