Ceylon Graphite Corp. announce that the company has appointed founder and major shareholder Sasha Jacob as interim CEO and Director. Mr. Jacob is a seasoned corporate executive with extensive operational experience in Sri Lanka and the experience and skill set required to lead Ceylon Graphite in working with local mining leadership, governmental bodies and graphite buyers as the Company approaches commercial production in the coming months.

Mr. Jacob has a long history of successful business in Sri Lanka. He was a co-founder and principal shareholder of South Asia Energy Management Systems (SAEMS), formerly Sri Lanka's largest independent hydropower producer. As the founder of Ceylon Graphite, he worked with local leadership to secure government support and licensing to establish the company on a solid footing, and as an advisor and principal investor, he has been a market leader in Canada as well as emerging markets in renewable energy finance, specialty metals and clean tech initiatives.