Celsius Res Share News (CLA)

Celsius Resources extends exclusivity period with Silvercorp

(Alliance News) - Celsius Resources Ltd on Tuesday said it has agreed to extend its exclusivity period with Silvercorp Metals Inc, a month after Silvercorp agreed to buy the company.

IN BRIEF: Celsius Resources subsidiary gains environmental all-clear

Celsius Resources Ltd - copper-gold exploration and development company in the Philippines, Namibia and Australia - Says Philippine subsidiary Makilala Mining Co Inc has received an environmental compliance certificate for the development of its flagship Maalinao-Caigutan-Biyog project. MCB is located in the Cordillera region, 320 kilometres north of Manila. The certificate signifies that MMCI has completed an environmental impact assessment and is committed to implementing a government-approved plan to mitigate MCB's environmental, cultural and social impacts. MMCI now can work towards a mineral production sharing agreement with the Philippine government, allowing the development and operation of MCB.

Celsius Resources in early stages of potential Silvercorp acquisition

(Alliance News) - Celsius Resources Ltd on Monday said Silvercorp Metals Inc has agreed to buy it, in exchange for Silvercorp shares, with Celsius shareholders set to receive shares in a new exploration company if the acquisition proceeds.

Celsius Resources intends to cancel agreement with Lind Global Fund

(Alliance News) - Celsius Resources Ltd on Friday said that it intends to cancel an agreement with Lind Global Fund II LP, a fund managed by The Lind Partners, after repaying an advance payment credit.

IN BRIEF: Celsius Resources reports progress in copper-gold project

Celsius Resources Ltd - copper-gold exploration and development company in the Philippines, Namibia and Australia - Provides review of activities in quarter to March 31. Reports substantial progress on key activities to develop the MCB copper-gold project. This includes undertaking various studies in preparation for hydrogeological and geotechnical drilling, receiving further shallow high-grade copper-gold assay results and securing initial binding deed and agreement with local partners. Also notes additional desktop studies to update the geologic and mineralisation models for the Sagay copper-gold project. States closing cash balance at March 31 was USD3.1 million.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Celsius Resources makes numerous executive board changes

Celsius Resources Ltd - copper-gold exploration and development in the Philippines, Namibia and Australia - Non-Executive Chair Julito Sarmiento becomes executive chair, while Executive Director Peter Hume has also become managing director and appoints Attilenore Manero to the board as executive sustainability director. All board changes are effective immediately. Manero previously served on the board from February 2021 to September 2021, before becoming community relations manager in the Phillipines. Says Manero's position will be a "more active role" in overseeing environmental, social and governance and community elements, alongside various regulatory related approvals for its flagship assets in the Philippines.

Celsius Resources enters local ownership deal for Philippines project

(Alliance News) - Celsius Resources Ltd on Monday said it has signed an agreement to put in place the required 60% local ownership of its mining project in the Philippines.

IN BRIEF: Celsius Resources asks ASX trading halt before announcement

Celsius Resources Ltd - copper-gold exploration and development in the Philippines, Namibia and Australia - Requests an immediate halt to trading in its shares on the Australian Securities Exchange in Sydney, saying it will make an announcement regarding a local partner for the Maalinao-Caigutan-Biyog project in the Philippines. Celsius current owns 100% of the copper-gold project. Says it has asked for trading halt to remain until the earlier of the announcement or Wednesday next week. Celsius shares continue to trade on AIM in London.

TRADING UPDATES: Celsius hails MCB assays; Brandshield revenue rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Celsius names David Way as COO of Philippines operations

Celsius Resources Ltd - Perth, Australia-based copper-gold exploration and development company focused on its portfolio of copper-gold resources in the Philippines - Appoints David James Way as chief operating officer "to boost the operations" of its Philippine subsidiaries, particularly the development of the its flagship Maalinao-Caigutan-Biyog copper-gold project.

INTERVIEW-Celsius aims to bring Namibia's first cobalt mine to production by 2020

* Deposit is Namibia's first cobalt find * Cobalt in demand for electric vehicle market * Scramble on for cobalt sources outside of DRC By Ed March 5

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