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Ceylon Graphite Establishes Position as a Leading Innovator in Graphite & Graphene Product Innovation With Addition of Global Leaders in Graphite Research, IP Development and Product Commercialization

VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) 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

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