CEYLON GRAPHITE CORP ANNOUNCES PROPOSED SHARE FOR DEBT TRANSACTION

Toronto, April 21, 2025 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“Ceylon” or the “Company”) announces that it has entered into an agreement with its former auditor to settle amounts owing to it via a share for debt transaction to allow it to bring its continuous disclosure obligations up to date.