press release

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.

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.