Ceylon Graphite Corp. (CYLYF) Gagner

Ceylon Graphite Corp. operates as an exploration company. The company is headquartered in Vancouver, British Columbia. The firm holds a land package constituting approximately 121 square kilometers (km2) grids containing historic vein graphite deposits located in Sri Lanka. The firm's work sites include K1 Development, M1 Development, H1 Development and P1 Development. The K1 Development (Exploration License No. EL/222) is its first mining project and operates under the Sarcon Development legal umbrella. The M1 Development (Exploration License No. EL/361) is an active exploration site located in Malsiripura (near Kurunegella) and is operated under the Company's subsidiary JADS Enterprise (Private) Limited. The H1 Development (Exploration License No. EL/221) is located in Hakbewa. The site is over 50 acres and has a substantial surface graphite dump. The P1 Development is located in the Pasyala district.