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   <title>CEYLON GRAPHITE CORP ANNOUNCES PROPOSED SHARE FOR DEBT TRANSACTION</title>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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&lt;p align=&quot;justify&quot;&gt;Toronto, April  21, 2025  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (TSXV: CYL) (“&lt;b&gt;Ceylon&lt;/b&gt;” or the “&lt;b&gt;Company&lt;/b&gt;”) 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. &lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On October 16, 2024, the British Columbia Securities Commission (“&lt;b&gt;Principal Regulator&lt;/b&gt;”) issued a cease trade order in respect of the Company (the “&lt;b&gt;CTO&lt;/b&gt;”), due to the Company’s failure to file certain periodic disclosure required by applicable securities laws (the “&lt;b&gt;Outstanding Filings&lt;/b&gt;”).&lt;/p&gt; </description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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   <title>Ceylon Graphite Provides Default Status Report</title>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Oct.  08, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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&lt;p align=&quot;justify&quot;&gt;VANCOUVER, British Columbia, Sept.  24, 2024  (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (&amp;quot;Ceylon&amp;quot; or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is providing this default status report in accordance with National Policy 12-203 – &lt;i&gt;Management Cease Trade Orders&lt;/i&gt; (&amp;quot;&lt;b&gt;NP 12-203&lt;/b&gt;&amp;quot;). On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “&lt;b&gt;Annual Filings&lt;/b&gt;”) for the year ended March 31, 2024 on or before July 29, 2024.&lt;/p&gt;   &lt;p align=&quot;justify&quot;&gt;On July 30, 2024, the British Columbia Securities Commission</description>
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