Celsius Resources (ASX:CLA) gets £117,317 boost from Silvercorp Metals after AIM placement
Celsius Resources secured a £117,317 ($226,777) investment from major shareholder Silvercorp Metals following a recent AIM placement that raised £922,000 ($1.8 million).
Silvercorp's investment is part of its agreed participation right, allowing it to subscribe to 19,552,752 new shares at £0.006 each, with accompanying warrants.
The funds will support development works at various projects and bolster general working capital.
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