Brief: Ceylon Graphite Announces Proposed Private Placement Of Units

Ceylon Graphite

19/09/2019 18:44

Sept 19 (Reuters) - Ceylon Graphite Corp  CYL.V :
    * CEYLON GRAPHITE ANNOUNCES PROPOSED PRIVATE PLACEMENT OF
UNITS
AND PROPOSED AMENDMENT OF CONVERTIBLE DEBENTURES
    * PROPOSES TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OF
UNITS
AT A PRICE OF $0.08 PER UNIT
    * INTENDS TO AMEND CONVERSION PRICE OF CONVERTIBLE
DEBENTURES THAT
WERE ISSUED BY CO ON MAY 23, 2018 TO $0.15 PER SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nGNX6lh2vy
Further company coverage:  CYL.V 

 ((Reuters.Briefs@thomsonreuters.com;))