Ceylon Graphite Provides Update On Filing Annual Financial Statements

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Sep 10, 2021

VANCOUVER, British Columbia, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) previously announced in news releases dated July 30, 2021, August 13, 2021 and August 27, 2021, the Company has been delayed in completing its filings of the annual financial statements, management’s discussion and analysis and related officer certifications for the financial year ended March 31, 2021 (the “Annual Filings”). COVID-19 related interruptions and restrictions in Sri Lanka has caused the delay in the Company’s filings. Sri Lanka continues to be in the midst of a nation-wide lockdown as a result of the COVID-19 pandemic. The Company has sought an extension for filings and was approved for a management cease trade order by the British Columbia Securities Commission as of July 30, 2021.