Business
Ceylon Graphite Announces Completion of Annual Filings
VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. ("Ceylon" or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces
About this update from Ceylon Graphite Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (\"Ceylon\" or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) 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 (the “Annual Filings”) 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 future filings. About Ceylon Graphite Corp. Ceylon is a public company listed on the TSX Venture Exchange, that is in the business of mining for graphite, and developing and commercializing innovative graphene and graphite applications and products. Graphite mined in Sri Lanka is known to be some of the highest grade in the world and has been confirmed to be suitable to be easily upgradable for a range of applications including the high-growth electric vehicle and battery storage markets as well as construction, healthcare and paints and coatings sectors. The Government of Sri Lanka has granted Ceylon’s wholly owned subsidiary Sarcon Development (Pvt) Ltd. an IML Category A license for its K1 mine and exploration rights in a land package of over 120km². These exploration grids (each one square kilometer in area) cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka. Further information regarding Ceylon is available at www.ceylongraphite.com Sasha Jacob, Chief Executive Officer and Rita Thiel, Chair of the Board of Directors [email protected] Corporate Communications +1(604) 924-8695 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release FORWARD LOOKING STATEMENTS: This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management's current expectations and assumptions. The forward-looking information includes the Company’s expectations related to future annual filings. Such forward-looking statements...