press release

Vancouver, Feb. 22, 2022 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that the Company has filed a technical report titled “Technical Report on the Karasnagala (K1) Exploitation License” on the K1 vein graphite project in Sri Lanka, prepared by Dr Christian Derosier, P.Geo. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). As reported in the Company’s news release dated December 13, 2021, the 2022 Technical Report is the current NI 43-101 Technical Report on K1, replacing prior filed technical reports, and includes a description of the K1 vein graphite deposit initial mineral resource estimate.

COMPANY: CEYLON GRAPHITE CORP. TECHNICAL REPORT ON THE KARASNAGALA (K1) EXPLOITATION LICENSE, DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA. NATIONAL INSTRUMENT FORM 43-101F1 TECHNICAL REPORT PROJECT: KARASNAGALA GRAPHITE PROJECT LOCATION: ATTANAGALLA DIVISION, GAMPALA DISTRICT, WESTERN PROVINCE, UTM: 44 N QUALIFIED PERSONS: CHRISTIAN DEROSIER P. Geo, M.Sc., D.Sc. DATE: JANUARY 15th, 2022 EFFECTIVE DATE: JANUARY 15th, 2022

VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the appointment of Rita Theil as the Non-Executive Chair of its Board of Directors effective immediately. Ms. Theil has extensive governance experience at the board level of both public and private companies, with a particular focus on enterprises operating in highly regulated industries. She is currently President and Chief Executive Officer of JacKryn Holdings Inc., which is a corporate finance advisory firm specializing in capital markets, strategy development and execution, M&A and merger integration.

VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it will be presenting virtually at the upcoming Sequire Metals & Mining Conference on Thursday, January 27th, at 12:30 PM ET.

January 4, 2022 -Vancouver, British Columbia – Ceylon Graphite Corp. (“Ceylon”) (TSX-V: CYL) (OTC:CYLYF) (FSE: CCY) is pleased to announce receipt of the renewal of its Environmental Protection Licence from the Central Environmental Authority of Sri Lanka for ongoing operations at the K1 Mine project. The Licence is valid for three years after having past an inspection that the operation conforms to stipulated standards.

VANCOUVER, British Columbia, Dec. 13, 2021 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that, as a result of a review by the British Columbia Securities Commission (the “BCSC”) of the Company’s technical disclosure under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and its Form 43-101F1 (the “Form”), the Company is issuing this news release to clarify certain disclosures previously made by the Company.

VANCOUVER, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that 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 a leading global, independent facility, University College London (UCL), 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, British Columbia, Oct. 18, 2021 (GLOBE NEWSWIRE) — Ceylon Graphite Corp . (“the Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce an agreement with Volume Hunters of Vancouver, B.C., Canada, to provide social media and capital markets advisory services to the Company. Volume Hunters will initiate and increase awareness of the Company across multiple social media platforms, highlighting its multiple, highly prospective, mining properties, its exploration and near term production plans. A key part of this mandate will focus on increasing visibility and building long term relationships with institutions, HNWI and accredited investors. The agreement with Volume Hunters has an initial term of twelve months, for which they will be paid a fee of $50,000.

VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that it has sought the approval of the TSX Venture Exchange to extend the exercise period of an aggregate of 10,500,000 common share purchase warrants (the “Warrants“). The Warrants were issued to subscribers as part of Ceylon’s multi-tranche private placement which closed on October 16, 2019 and December 6, 2019, respectively.