Ceylon Graphite Corp. is pleased to announce it has closed a non-brokered private placement of C$365,000 of 9% senior secured convertible debenture units of the Company . The net proceeds from the Financing shall be used for operating expenses for the Company's mining projects and deposits for the renewal of mining licenses in Sri Lanka, and for working capital and general corporate purposes. Each Debenture Unit consists [...]
Ceylon Graphite Corp. announces that it intends to extend the exercise period for a total of 50,928,566 common share purchase warrants, all of which are exercisable at $0.15 per common share . The Warrants were issued pursuant to a private placement that closed in tranches on October 22, 2020 and October 28, 2020 . 30,163,566 Warrants were issued in the First Tranche with 500,000 Warrants having been exercised, leaving [...]
Ceylon Graphite Corp. is pleased to announce that Michael Kinley has been appointed the Chief Financial Officer of the Company effective immediately. Mr. Kinley is a Chartered Professional Accountant with extensive public company experience having served as CFO for a number of junior public companies for the past thirty years. Previously, Mr. Kinley was a partner with KPMG. Mr. Kinley is succeeding Abbey Abdiye in the [...]
Ceylon Graphite Corp. announces today that, further to the Company's press release dated August 1, 2023, the Company's audited financial statements and management discussion and analysis for the year ended March 31, 2023 have now been released and filed under the Company's profile on www.sedarplus.ca. While the preparation of the Annual Filings took longer than expected, the Company does not anticipate such delays with [...]
Ceylon Graphite Corp. is pleased to announce it has entered into a distribution agreement dated August 1, 2023, with Advanced Performance Materials LLC , a materials and chemical technology specialist company. "Ceylon's graphite has performance characteristics that exceed those of other graphite suppliers", said Jay Mondal, APM's Chief Technology Officer. "This is tremendously beneficial to our customers ranging from [...]
Ceylon Graphite Corp. announces today that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis for the year ended March 31, 2023 on or before July 31, 2023. The Company currently anticipates being able to file the Annual Filings on or before August 14, 2023. The Company has been late in the preparation of the Annual Filings due to a [...]
Ceylon Graphite Corp. is pleased to announce that Ceylon graphite achieved new concentration and conductivity records when studied in the manufacture of an adaptable sensing platform for chemical sensing. The research, published in the Royal Society of Chemistry's "Nanoscale" Journal, was conducted by partners at the Molecular Sciences Research Hub at Imperial College London and specifically incorporated Ceylon's vein [...]
Ceylon Graphite Corp. announced today the company has received new inbound sales inquiries and continues to advance commercial discussions with a range of buyers including those seeking direct ship material, others for value-added end products, graphene products and anode material production. "There has been a significant increase in activity with potential buyers and I am confident that there are many customer options as [...]
Ceylon Graphite Corp. 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 , China, Romania, Guyana and Dominican Republic. His experience [...]
Ceylon Graphite Corp. today announced that it has received approval from the TSX Venture Exchange for the amended and restated agreement dated February 4, 2023, as amended on February 26, 2023 with a private vendor based in Sri Lanka to amend and restate the terms of a purchase agreement dated September 12, 2012, as amended , whereby the Company's wholly owned subsidiary incorporated in Curacao, Plumbago Refining Corp BV [...]
Ceylon Graphite Corp. 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" standards. Ceylon Graphite's vein graphite anode material exceeded comparable anodes made with industry standard commercial synthetic graphite and were able to achieve excellent reproducibility [...]
Ceylon Graphite Corp. today announced that it has entered into an amended and restated agreement dated February 4, 2023 with a private vendor based in Sri Lanka to amend and restate the terms of a purchase agreement dated September 12, 2012 , as amended , whereby the Company's wholly owned subsidiary incorporated in Curacao, Plumbago Refining Corp BV , acquired Sarcon Development Pvt Ltd. . Sarcon holds 116 high-grade [...]