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Ceylon Graphite Reports Filing Delay and Audit Progress
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Ceylon Graphite Reports Filing Delay and Audit Progress

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Ceylon Graphite (TSE:CYL) has released an update.

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Ceylon Graphite Corp. has announced a delay in filing its annual financial documents due to an auditor transition, resulting in a management cease trade order (MCTO) that does not impact public trading. The company aims to complete the audit by September 27, 2024, and plans to issue bi-weekly updates until the filings are submitted. Ceylon Graphite specializes in high-grade graphite mining and developing applications for various sectors, including electric vehicles.

For further insights into TSE:CYL stock, check out TipRanks’ Stock Analysis page.

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