REG - Celsius Resources Ld - Appointment of Grant Samuel as Financial Adviser

Celsius ResourcesAnnouncement

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RNS Number : 2499O  Celsius Resources Limited  09 January 2026

 

ASX/AIM RELEASE

9 January 2026

 

Celsius appoints Grant Samuel as Financial Adviser

_______________________________________________________________________________

Celsius Resources Limited ("Celsius" or the "Company") (ASX, AIM:CLA) is
pleased to announce that it has appointed Grant Samuel Capital Advisory Pty
Limited ("Grant Samuel") to assist with finalising financing for the
Maalinao-Caigutan-Biyog Copper-Gold Project ("Project" or "MCB"), held under
its Philippine Affiliate Company, Makilala Mining Co., Inc. ("MMCI").

The Company has received strong interest in financing the MCB Project from
numerous well-qualified international mining financiers, offtakers and
investment groups with proven track-records in copper and gold project
finance, streaming, and offtake arrangements. Proposals have extended to
offtake, structured and debt financing as well as equity participation at a
Project level.

Following the receipt of these proposals and having regard to the imminent
completion of the MCB Definitive Feasibility Study, the Board has appointed
Grant Samuel to assist Celsius' management and Board in the coordination of an
integrated financing process and the structuring and negotiation of an optimal
funding package.

In addition, the Board has engaged Bardin Davis, as a consultant to the Board
on matters of strategy, financing and project development. Mr Davis has
significant mining and emerging market experience within both an investment
banking and corporate environment.  He was most recently the CEO of Peak Rare
Earths, where he lead a financing process for the company's Tanzanian project.
 We welcome Bardin and look forward to his advice and support around the
crucial Board decisions to be taken in this quarter.

Grant Samuel

Established in 1988, Grant Samuel is a leading independent corporate advisory
firm renowned for its commitment to delivering tailored financial advice and
strategic solutions to clients across Australia and internationally.

Grant Samuel has in recent years provided strategic and financing advice to a
number of mineral development companies in South-East Asia.  Grant Samuel is
headquartered in Sydney, with other offices in Melbourne and Hong Kong.

Grant Samuel recently acted as lead financial adviser to Asiamet Resources
Limited (AIM:ARS), advising on the proposed conditional sale of its interest
in the KSK Project to Norin Mining (Hong Kong) Limited for a gross cash
consideration of US$105 million on a cash-free, debt-free basis. The
transaction was announced on 6 November 2025 and remains subject to
shareholder and regulatory approvals 1  (#_ftn1) .

Further information on Grant Samuel's natural resources mandates can be found
at the following link:

https://www.grantsamuel.com.au/transactions/?industry-sector=resources
(https://www.grantsamuel.com.au/transactions/?industry-sector=resources)

Bardin Davis

Bardin Davis has approximately 30 years of mining experience within both an
investment banking and corporate environment.  He spent almost 12 years in
Asia and has held senior Australian and regional investment banking roles with
Macquarie Capital, HSBC and ABN AMRO.  He was most recently the CEO of Peak
Rare Earths Limited where he oversaw a project financing process, the
execution of a binding offtake agreement as well as the completion of a BFS
Update and FEED Study for the company's Tanzanian rare earths project.  He
will provide advice to the Board as we finalise the Project financing for MCB
and move into construction.

 

 

This announcement has been authorised by the Board of Directors of Celsius
Resources Limited.

 

 

Forward Looking Statements

Some of the statements appearing in this announcement may be in the nature of
forward-looking statements. You should be aware that such statements are only
predictions and are subject to inherent risks and uncertainties. Those risks
and uncertainties include factors and risks specific to the industries in
which the Company operates and proposes to operate as well as general economic
conditions, prevailing exchange rates and interest rates and conditions in the
financial markets, among other things. Actual events or results may differ
materially from the events or results expressed or implied in any
forward-looking statement.

No forward-looking statement is a guarantee or representation as to future
performance or any other future matters, which will be influenced by a number
of factors and subject to various uncertainties and contingencies, many of
which will be outside the Company's control.

The Company does not undertake any obligation to update publicly or release
any revisions to these forward-looking statements to reflect events or
circumstances after today's date or to reflect the occurrence of unanticipated
events. No representation or warranty, express or implied, is made as to the
fairness, accuracy, completeness or correctness of the information, opinions
or conclusions contained in this announcement. To the maximum extent permitted
by law, none of the Company's Directors, employees, advisors, or agents, nor
any other person, accepts any liability for any loss arising from the use of
the information contained in this announcement. You are cautioned not to place
undue reliance on any forward-looking statement. The forward-looking
statements in this announcement reflect views held only as at the date of this
announcement.

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018.

Celsius Resources Contact Information

Level 5, 191 St. Georges Terrace

Perth WA 6000

 

PO Box 7059

Cloisters Square PO

Perth WA 6850

 

P: +61 8 9324 4516

E: info@celsiusresources.com.au (mailto:info@celsiusresources.com.au)

W: www.celsiusresources.com (http://www.celsiusresources.com)

 

 Celsius Resources Limited
 Neil Grimes                                                     P: +61 419 922 478

                                                                 E: info@celsiusresources.com.au (mailto:info@celsiusresources.com.au)

                                                                 W: www.celsiusresources.com (http://www.celsiusresources.com)
 Multiplier Media

 (Australia Media Contact)                                       M: +61 402 075 707

 Jon Cuthbert                                                    E: jon.cuthbert@multiplier.com.au (mailto:jon.cuthbert@multiplier.com.au)

 Zeus Capital Limited

 (Nominated Adviser)

 James Joyce/                                                    P: +44 (0) 20 3 829 5000

 James Bavister

 (Broking)

 Harry Ansell

Zeus Capital Limited ("Zeus") is the Company's Nominated Adviser and is
authorised and

regulated by FCA. Zeus's responsibilities as the Company's Nominated Adviser,

including a responsibility to advise and guide the Company on its
responsibilities under

the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to

the London Stock Exchange. Zeus is not acting for and will not be responsible
to any

persons for providing protections afforded to customers of Zeus nor for
advising them in

relation to the proposed arrangements described in this announcement or any
matter referred to in it.

 1  (#_ftnref1)
https://www.londonstockexchange.com/news-article/ARS/sale-of-asiamet-s-interest-in-the-ksk-project/17314969
(https://www.londonstockexchange.com/news-article/ARS/sale-of-asiamet-s-interest-in-the-ksk-project/17314969)
 

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