Ceylon Graphite Corp (CVE:CYL) (OTCMKTS:CYLYF) (FSE:CCY) said Monday that it, alongside the people of Sri Lanka, is condemning terrrorism in the country, in the wake of the bombings in Colombo and other parts of Sri Lanka on Easter Sunday.
"We are deeply saddened by this heinous act against the people of Sri Lanka," said Bharat Parashar, chief executive officer. "Our deepest and sincere sympathies go out to all those affected at this tragic time."
Ceylon Graphite is exploring and developing graphite mines in historic resource jurisdictions in Sri Lanka.
The company also noted that none of its employees were directly affected by the blasts and work continues as normal.
Ceylon Graphite holds exploration rights over a land package of around 121 square kilometers in Sri Lanka and has a focus on high-quality vein graphite, which is much rarer than other forms of graphite, such as amorphous or flake graphite.
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