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Celsius Resources Ltd. ( (AU:CLA) ) just unveiled an announcement.
Celsius Resources Limited has announced a proposed placing to raise approximately £350,000 through the issuance of new Ordinary Shares, priced at 0.4 pence per share, with accompanying warrants. This placement is aimed at supporting the company’s general working capital needs and its ongoing projects, including the Maalinao-Caigutan-Biyog Copper-Gold Project in the Philippines. The placement, which represents a 15.8% discount from the previous closing price, will be conducted through an accelerated bookbuild process managed by Zeus Capital Limited and is expected to close soon, with the shares commencing trading on AIM around December 16, 2024.
More about Celsius Resources Ltd.
Celsius Resources Limited is involved in the natural resources industry, focusing on the exploration and development of mineral resources, particularly copper and gold projects. The company operates primarily in the Philippines and aims to enhance its market positioning through strategic projects and investments.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €18.69M
For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.
