Celsius Resources Ltd. (AU:CLA) has released an update.
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Celsius Resources Ltd. has secured a significant financial boost through a share placement agreement and a committed equity facility with Patras Capital Pte. Ltd., aimed at funding its operations and project development in the Philippines. The company has raised A$1.5 million through the issue of 120 million shares and has access to an additional A$10 million over the next 24 months, ensuring steady progress in its mining and exploration endeavors. This strategic move is designed to enhance Celsius’ operational capabilities and drive shareholder value by advancing its key projects.
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