press release

Vancouver, BC, March 22, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the hiring of Klaus Leiders as Chief Mining Manager. Klaus is a leading mining and mineral processing engineer and has an extensive track record of leading narrow vein and bulk ore underground and surface operations in Sri Lanka, Morocco, Tanzania, USA, Germany, Russia, Vietnam, Malaysia, Kyrgyzstan, North Korea (DPRK), China, Romania, Guyana and Dominican Republic. His experience includes graphite, gold, lead/zinc, vanadinite, hard rock, coal, lignite, and industrial minerals: talc, dolomite, limestone.

Vancouver, March 07, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) today announced that it has received approval from the TSX Venture Exchange (the “TSXV”) for the amended and restated agreement dated February 4, 2023, as amended on February 26, 2023 (the “Restated Agreement”) with a private vendor (the “Vendor”) based in Sri Lanka to amend and restate the terms of a purchase agreement dated September 12, 2012, as amended (the “Initial Agreement”), whereby the Company’s wholly owned subsidiary incorporated in Curacao, Plumbago Refining Corp BV (“Plumbago”), acquired Sarcon Development Pvt Ltd. (“Sarcon”). Sarcon holds 116 high-grade graphite grids in the country of Sri Lanka, which grids represent the Company’s primary focus for exploration and development.

Vancouver, March 02, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it has completed the world’s first full cell testing using spherodized vein graphite materials in commercial size pouch cells following automotive “Original Equipment Manufacturer” (OEM) standards.

Vancouver, BC, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) today announced that it has entered into an amended and restated agreement dated February 4, 2023 (the “Restated Agreement”) with a private vendor (the “Vendor”) based in Sri Lanka to amend and restate the terms of a purchase agreement dated September 12, 2012 , as amended (the “Initial Agreement”), whereby the Company’s wholly owned subsidiary incorporated in Curacao, Plumbago Refining Corp BV (“Plumbago”), acquired Sarcon Development Pvt Ltd. (“Sarcon”). Sarcon holds 116 high-grade graphite grids in the country of Sri Lanka, which grids represent the Company’s primary focus for exploration and development.

Vancouver, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) ( the “Company”) is pleased to announce that the Company has appointed founder and major shareholder Sasha Jacob as interim CEO and Director. Mr. Jacob is a seasoned corporate executive with extensive operational experience in Sri Lanka and the experience and skill set required to lead Ceylon Graphite in working with local mining leadership, governmental bodies and graphite buyers as the Company approaches commercial production in the coming months. The Board of Directors has also accepted the resignation of interim Chief Executive Officer Don Baxter.

Vancouver, June 21, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“the Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that, subject to regulatory approval, it has retained Venture Liquidity Providers Inc. (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.

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”).

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”).

VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce it has achieved a significant breakthrough in the performance of its vein graphite anode material in full cells for the lithium-ion (“Li-ion”) battery market. In tests at University College London (UCL), a leading global, independent facility, Ceylon’s vein graphite anode material far exceeded comparable anodes made with industry standard commercial synthetic graphite. This is the first time in battery research history that commercial spherodized vein graphite materials were tested in a lithium-ion battery in a full cell.

VANCOUVER, March 08, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSXV: CYL) (OTCQB: CYLYF) (FSE: CCY) is pleased to provide the following update on recent development work and the Company’s plans for 2022. A New Strategic Direction Focused on Creating Maximum Shareholder Value In June 2021, the Company announced the appointment of graphite-industry veteran and Ceylon Board member Donald Baxter, P.Eng. as Chief Executive Officer, President and Executive Director. Mr. Baxter is one of the premier graphite experts outside of China, having built one of only two producing graphite mines in North America. Prior to joining Ceylon, Mr. Baxter served as President, CEO and Executive Director of Alabama Graphite Corp. (“AGC”), repositioning and transforming the company with its disruptive Preliminary Economic Assessment (“PEA”) and a suite of high-performance specialty battery-ready graphite products, leading to AGC’s acquisition by a US-based mining company.