Celsius Resources (ASX:CLA) completes £922,000 placement on AIM
Celsius Resources completed a £922,000 ($1.8 million) placement on the AIM, issuing 153,666,663 new ordinary shares and warrants exercisable at 0.9 pence each until Dec. 31, 2026.
Priced at 0.6 pence each, the placement targeted institutional investors.
Funds raised will finance early development, exploration, and general working capital for projects like MCB Copper-Gold and Sagay Copper-Gold.
No shareholder approval was required. Post-placement, total ordinary shares will increase to 2,408,359,991. Trading of the shares on AIM is expected to start on April 18.
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