REG - Celsius Resources Ld - Completion of Tranche 2 Placement

Celsius ResourcesAnnouncement

16/05/2025 09:45

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RNS Number : 0165J  Celsius Resources Limited  16 May 2025

 

ASX/AIM RELEASE

16 MAY 2025

 

Completion of Tranche 2 Placement and Cleansing Notice

 

Celsius Resources Limited (Celsius or CLA) (ASX, AIM:CLA) confirms that it has
completed tranche 2 of the placement announced on 10 March 2025 ("Placement").
Tranche 2 raised gross proceeds of approximately A$1.748 million via the
placement of 227,917,252 fully paid ordinary shares in the Company ("Shares")
at A$0.008 per Share to new and existing shareholders, and institutional
investors.

 

The Shares were issued as a result of shareholder approval received at the
General Meeting held on 28 April 2025 ("General Meeting") for tranche 2 of the
Placement, and for the participation by related parties on the same terms as
the Placement. The Company expects to complete the issue of the free-attaching
options and broker options approved at the General Meeting ("Options") 1  on
or around 19 May 2025, subject to meeting ASX quotation requirements.

 

The Shares, which rank pari passu with existing ordinary shares, are today
being admitted to trading on AIM ("Admission").

 

An Appendix 2A for the Shares will be lodged separately.

 

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

 

For the purposes of section 708A(6) of the Corporations Act, the Company gives
notice under section 708A(5)(e) of the Corporations Act as follows:

 

a)  the Company issued the Shares without disclosure to investors under Part
6D.2 of the Corporations Act;

b)   as at the date of this notice the Company has complied with:

i)    the provisions of Chapter 2M of the Corporations Act as they apply to
the Company; and

ii)   sections 674 and 674A of the Corporations Act; and

c)   as at the date of this notice, there is no excluded information of the
type referred to in sections 708A(7) and 708A(8) of the Corporations Act, that
is required to be set out in the notice under section 708A(6)(e) of the Act.

 

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

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
 Mark van Kerkwijk                                                   P: +61 8 9324 4516

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

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

 Multiplier Media                                                    M: +61 402 075 707

 (Australia Media Contact)                                           E: jon.cuthbert@multiplier.com.au (mailto:jon.cuthbert@multiplier.com.au)

 Jon Cuthbert

 Beaumont Cornish Limited

 (Nominated Adviser)                                                 P: +44 (0) 207 628 3396

 Roland Cornish/Felicity Geidt/Andrew Price

 Zeus Capital Limited (Broker)

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

 

 

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by FCA. Beaumont Cornish'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. Beaumont Cornish is not acting for and
will not be responsible to any persons for providing protections afforded to
customers of Beaumont Cornish nor for advising them in relation to the
proposed arrangements described in this announcement or any matter referred to
in it.

 

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. There can be no assurance that
the plans of the directors and management of Celsius will proceed as currently
expected or will ultimately be successful.

 

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 strongly cautioned not
to place undue reliance on any forward-looking statement, including in respect
of the financial or operating outlook for Celsius. The forward-looking
statements in this announcement reflect views held only as at the date of this
announcement.

 1  Refer to ASX announcements dated 28 March 2025 and 28 April 2025

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