CEYLON GRAPHITE CORP. ("CYL") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 2, 2018 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 315,000 shares to settle outstanding debt for $63,000.
Number of Creditors: 5 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Kevin Aylward Y $32,000 $0.20 160,000 2161062 Ontario Inc.(Kim Strong) Y $10,000 $0.20 50,000 Kim Strong Y $7,000 $0.20 35,000 William Fleming Y $7,000 $0.20 35,000 David Michael Kushniruk Y $7,000 $0.20 35,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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