Business
Ceylon Graphite Announces Management Addition
VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to anno
About this update from Ceylon Graphite Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the appointment of Mr. Rodney Stevens as Vice President, Corporate Development for the Company. Mr. Stevens is a Chartered Financial Analyst (“CFA”) charterholder with over a decade of experience in the capital markets, first as an investment analyst with Salman Partners Inc. and subsequently as a merchant and investment banker. While at Salman Partners, he became a top-rated analyst as named by StarMine on July 17, 2007 for the metals and mining industry. Mr. Stevens was also a Portfolio Manager registered with Wolverton Securities Ltd. and over the course of his career, he has been instrumental in assisting in financings and mergers and acquisitions activities worth over $1 billion in transaction value. Donald Baxter, Ceylon’s President and CEO commented, “Rodney will be an invaluable asset to the CYL team as we continue to build Ceylon into a profitable producer of innovative graphite and graphene products for the battery industry and beyond. I am excited to continue the work underway by Ceylon, and happy that Rodney is available to help us rapidly advance our goals.” Recent developments from General Motors, Volkswagen, Ford and most other Automotive OEMs continues to add to the momentum for EV adoption and ever-increasing demand for critical input materials. The focus on supply chains for this critical industry was amplified by the Covid 19 pandemic. The need for processed materials such as graphite has been recognized more so in the past year along with lithium, cobalt and nickel. The significance of regional supply chain and processing capabilities makes Ceylon’s fully integrated, mine-to-battery approach a key strategy supporting the EV revolution. “Rodney will focus on ensuring markets and investors understand Ceylon Graphite’s unique ESG benefits and advantages that stem from our high-grade in-situ graphite,” added Baxter. “We have a story unlike any other graphite company in the world, just more people need to hear it and we intend to do just that.” About Ceylon Graphite Corp. Ceylon Graphite 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 gra...