Abbey Abdiye, a Senior Officer, acquired 300,000 Common Shares on a direct ownership basis at a price of $0.440 on February 11th, 2021. This represents a $132,000 investment into the company's shares and an account share holdings change of greater than 100%.
Ceylon Graphite is in the Electrical Components & Equipment Sub Industry Group under the Industrials Sector.
Ceylon Graphite Corp., formerly NWest Energy Corp., is a mineral exploration and development company. The Company is focused on its graphite projects located in Sri Lanka. The Company, through its subsidiary, Plumbago Refining Corp. B.V., operates in the mining industry. Plumbago Refining Corp. B.V. holds a land package, which includes approximately 120 grids that contain graphite assets. Its land package includes graphite resources, such as Avissawella, which includes three grids; Rathnapura, which includes over 20 grids; Balangoda, which includes a grid; Ambalangoda, which includes eight grids; Morawaka, which includes two grids; Nuwaraeliya, which includes two grids; Mathugama and Kegalle, which includes approximately 20 grids, and Attanagalle, which includes approximately 30 grids. The Company has not generated any revenues.
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