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 $4,500,000 . Each Unit will be comprised of one common share in the capital of Ceylon Graphite and one common [...]
Ceylon Graphite Corp. announces that pursuant to its press release of August 6, 2020, it has been granted a further extension to close its proposed private placement by the TSX Venture Exchange. The small delay is necessitated by certain measures instituted in the domicile of our investors in response to COVID-19 and other health related issues [...]
Ceylon Graphite Corp. announces that pursuant to its press release of August 6, 2020, it has been granted an extension to close its proposed private placement by the TSX Venture Exchange. The extension was granted to permit Ceylon Graphite to obtain the requisite disinterested shareholder approval. Further to its press release of August 6, 2020 [...]
Ceylon Graphite Corp. announces its intention to complete a non-brokered private placement of units for gross proceeds of up to C$ 8,100,000 or US$ 6,000,000 to a consortium of four international investors . Upon the closing of the Offering, the consortium will, collectively, own approximately 55% of the issued and outstanding shares of the [...]
Ceylon Graphite Corp. is pleased to announce its first sale of graphite from its wholly owned subsidiary, Sarcon Development Ltd , to the Korean market. The sale, which was for 300 kgs of vein graphite with carbon content of 95-97%, was to Elves Graphite Co, Ltd of Seoul, South Korea. The graphite was purchased to evaluate its suitability for [...]
Ceylon Graphite Corp. is pleased to announce its first sale of graphite from its wholly owned subsidiary, Sarcon Development Ltd , since the commencement of commercial production in December 2019. The sale, which was for 1 ton of vein graphite with Carbon content of 95-97%, was to 2D Materials Pte Ltd of Singapore. 2D Materials purchased the [...]
Ceylon Graphite Corp. is very pleased to announce excellent results of Spheronization test work carried out at an independent facility with vein graphite from our K1 mine. All analyzed parameters of the manufactured spherical graphite product are in the range of typical comparable products. SEM images display well rounded spherical graphite [...]
Ceylon Graphite Corp. is very pleased to announce that it has achieved 99.9997% Cg purity utilizing a thermal purification process with vein graphite from our K1 Mine. In addition to these positive, high-purity graphite results, it is important to note that Thermal Purification is environmentally responsible and sustainable and does not utilize [...]
Ceylon Graphite Corp. announces its intention to complete a non-brokered private placement of units at a price of $0.25 per Unit for gross proceeds of up to $3,500,000. Each Unit will be comprised of one common share in the capital of Ceylon Graphite and one whole warrant , with each Warrant entitling the holder thereof to acquire one common share [...]
