Ceylon Graphite Establishes Position as a Leading Innovator in Graphite & Graphene Product Innovation With Addition of Global...
January 19 2021 - 8:30AM
Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”)
(TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to
announce that it has hired two of the world’s leading researchers
and innovators in graphite and related product development. The
addition of Dr. Siva Bohm and Dr. Mallika Bohm to the Ceylon
Graphite management team will contribute significantly to the
Company’s continued evolution from a high quality low cost graphite
producer, to an innovator in value added graphite products for the
technology, construction, battery and transportation industries.
Dr. Siva Bohm and Dr. Mallika Bohm collectively bring extensive
experience in product development for graphite and graphene
applications in anti-corrosion coating, nanotechnologies, energy
storage, and fuel cell advancement amongst other revolutionary
applications. The newly appointed executives distinguished pedigree
includes previously leading scientific teams at Talga Resources
Limited a leading battery anode and graphene additives company and
senior scientific roles with the Tata Group of Companies.
Dr. Siva Bohm and Dr. Mallika Bohm have collectively filed more
than 30 patents for innovative uses of graphite and its
derivatives. These include graphene manufacturing for applications
such as for the energy storage sector as well as air-cleaning
paints and anti-viral coatings. They have also authored numerous
publications over the last three decades. Ceylon Graphite aims to
capitalize on their collective technical expertise and innovative
ability to advance the development and commercialization of new
technologies within the Company’s natural product range.
“The addition of Dr. Siva Bohm and Dr. Mallika Bohm represents
an exciting new chapter in our evolution as we further position
Ceylon to be a leading provider of innovative technologies using
graphite and its derivatives,” said Bharat Parashar, Chairman and
CEO of Ceylon Graphite. “We are excited that the foundation we have
laid as a company has led to attracting two of the world’s most
recognized and highly regarded scientists in the world of advanced
applications of natural graphite and their derivatives. Each in
their own right have developed and/or helped commercialize some of
the most advanced applications of natural graphite based products
and nano technologies. Ceylon Graphite will work with Drs. Bohm to
bring new applications to market particularly surrounding
technology advancements in the battery sector where they will
oversee evaluation and process implementation for our unique high
grade graphite.”
Dr. Siva Bohm said, “Both Mallika and I are very excited to work
with Ceylon Graphite. Our initial study of the company’s raw
graphite indicates a very high quality crystalline structure, and
we believe that this will be a significant advantage for us to
quickly develop various commercial applications for vein graphite
and bring them to market.”
Dr. Siva Bohm will be Chief Scientific Executive to the Company
and Dr. Mallika Bohm will be a Technical Director of Ceylon
Graphite.
Dr. Siva Bohm, has a PhD in Chemistry from the University of
Bath and currently is a Royal Society Industry Fellow at Imperial
College London. He was also awarded the fellow of Royal Society of
Chemistry (FRSC), and is an elected member of Faraday Council and
Fellow of Technical Surface Coatings (FTSC- OCCA). He has 16 years
of experience in innovative product development at Tata Industries
and more recently was Chief Technology Officer at Talga Resources
Limited where he focused on product development for graphene
applications in anti-corrosion coating, nanotechnologies, fuel cell
advancement and a host of other uses.
Dr. Mallika Bohm has a PhD in Physics from University College,
London. She has been a project leader for Tata Steel in
anti-corrosion technologies as well as in the advancement of new
products for galvanised wires and processes for motor tire bead
wire. She has also been a Technical Director at Talga Technologies
in the area of use of graphene in coating, composite, construction
materials and energy.
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 development and commercialisation of innovative
graphite products and their applications and products. Graphite
mined in Sri Lanka is known to be some of the purest in the world
and has been confirmed to be suitable to be easily upgradable for a
range of applications including the high-growth electric vehicle
and battery storage markets as well as construction, healthcare and
paints and coatings sectors. The Government of Sri Lanka has
granted the Company’s wholly own subsidiary Sarcon Development
(Pvt) Ltd. an IML Category A license for its K1 site and
exploration rights in a land package of over 120km². These
exploration grids (each one square kilometer in area) cover areas
of historic graphite production from the early twentieth century
and represent a majority of the known graphite occurrences in Sri
Lanka.
Further information regarding the Company is
available at www.ceylongraphite.com
Bharat Parashar, Chairman and & Chief
Executive Officerinfo@ceylongraphite.comCorporate
Communications+1(202)352-6022
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
FORWARD LOOKING STATEMENTS:
This news release contains forward-looking
information as such term is defined in applicable securities laws,
which relate to future events or future performance and reflect
management's current expectations and assumptions. The
forward-looking information includes statements about Ceylon
Graphite’s grids, Ceylon Graphite’s plans to undertake additional
drilling and to develop a mine plan, and to commence establishing
mining operations. Such forward-looking statements reflect
management's current beliefs and are based on assumptions made by
and information currently available to Ceylon Graphite, including
the assumption that, there will be no material adverse change in
metal prices, all necessary consents, licenses, permits and
approvals will be obtained, including various Local Government
Licenses and the market. Investors are cautioned that these
forward-looking statements are neither promises nor guarantees and
are subject to risks and uncertainties that may cause future
results to differ materially from those expected. Risk factors that
could cause actual results to differ materially from the results
expressed or implied by the forward-looking information include,
among other things, an inability to reach a final acquisition
agreement, inaccurate results from the drilling exercises, a
failure to obtain or delays in obtaining the required regulatory
licenses, permits, approvals and consents, an inability to access
financing as needed, a general economic downturn, a volatile stock
price, labour strikes, political unrest, changes in the mining
regulatory regime governing Ceylon Graphite, a failure to comply
with environmental regulations and a weakening of market and
industry reliance on high quality graphite. Ceylon Graphite
cautions the reader that the above list of risk factors is not
exhaustive.
These forward-looking statements are made as of
the date hereof and, except as required under applicable securities
legislation, Ceylon Graphite does not assume any obligation to
update or revise them to reflect new events or circumstances. All
of the forward-looking statements made in this press release are
qualified by these cautionary statements and by those made in our
filings with SEDAR in Canada (available at www.sedar.com)
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