Ceylon Graphite Corp. would like to announce that further to a previous release the Company intends to amend certain terms of the convertible debenture that were issued by the Company on May 23, 2018 . Ceylon Graphite proposes to amend the Convertible Debentures as follows: extending the maturity date of the Convertible Debentures by six months [...]
Ceylon Graphite Corp. is pleased to announce the appointment of Mr. Janaka Rathnayake and Dr. H.M Ranjith Premasiri to new roles within the Company. Mr. Rathnayake will be General Manager of Operations for Sarcon Development Ltd. and will be responsible for all of the Company’s exploration and mining related business in Sri Lanka. Dr. Premasiri [...]
Further to its press release of earlier today, Ceylon Graphite Corp. would like to clarify the information disseminated with respect to the research report prepared by Christopher Ecclestone of Hallgarten & Company. The Company has removed the link to the report from its website and does not endorse the buy recommendation contained in the Report [...]
Ceylon Graphite Corp. is pleased to announce that Christopher Ecclestone of Hallgarten & Company has initiated coverage of Ceylon Graphite. A copy of the research report is available at https://www.hallgartenco.com/pdf/Battery/Ceylon%20Graphite_Dec2020.pdf. The company would also like to remind interested parties that management will be hosting an [...]
Ceylon Graphite Corp. is pleased to announce that Bharat Parashar, Chairman and Chief Executive Officer and Sasha Jacob, Founder and Strategic Advisor of the Company will be hosting an investor webinar on Tuesday, December 8, 2020 at 12:00 PM EST. The webinar will provide participants an overview of the Company, its exciting recent developments as [...]
Ceylon Graphite Corp. announces that its common shares have been approved for trading on the OTCQB Venture Market effective December 3, 2020. The Company's U.S. listing will trade under the symbol "CYLYF" while the Company's primary Canadian listing will continue to trade on the TSX Venture Exchange under "CYL". The Company’s common shares are [...]
Ceylon Graphite Corp. is pleased to announce that its wholly-owned subsidiary Sarcon Development Ltd.’s K1 and M1 sites in Sri Lanka have returned to full operations following easing of local COVID-19 related restrictions. The Company’s primary near term objective is to accelerate the commercial production volumes at its K1 site which first began [...]
Ceylon Graphite Corp. today announced it has granted an aggregate of 5,000,000 stock options to its directors, officers and employees. Each option is exercisable at $0.215 per common share at any time until November 19, 2023. Ceylon would also like to announce that it has negotiated a debt conversion agreement with a non-arm’s length party [...]
Ceylon Graphite Corp. today announced it has granted an aggregate of 7,250,000 stock options to its directors, officers and employees. Each option is exercisable at $0.215per common share at any time until November 18, 2023. Ceylon Graphite would also like to announce that it has negotiated a debt conversion agreement with a non-arm’s length party [...]
Ceylon Graphite Corp. is pleased to announce that further to its press releases of October 19 and 23, 2020, it has issued an additional 21,265,000 units at a price of $0.0875 per Unit for gross proceeds of $1,860,687.50 in connection with the closing of a second tranche of its private placement financing . In aggregate, Ceylon Graphite issued an [...]
Ceylon Graphite Corp. is pleased to announce that further to its press release of October 19, 2020, it has closed its first tranche of the private placement. An aggregate of 30,163,566 units at a price of $0.0875 per Unit for gross proceeds of $2,639,312 . The second closing for the balance of the Offering is anticipated to occur on or about [...]
Ceylon Graphite Corp. announces its intention to complete a private placement pursuant to which it will issue and sell up to 51,428,566 units of the Company at a price of $0.0875 per Unit for aggregate gross proceeds of up to approximately $4,500,000 . Each Unit will be comprised of one common share in the capital of Ceylon Graphite and one common [...]