TORONTO, June 01, 2022 (GLOBE NEWSWIRE) -- Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) announced today that it is seeking an extension to its permitted timeline, from June 30, 2022 to December 16, 2022, to extend the date by which Ceres has to consummate a qualifying transaction (the “Proposed Extension”).