THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE
RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION,
DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY
JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES
NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR A SOLICITATION TO BUY,
SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN ANY
JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE
UNLAWFUL, INCLUDING THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR
THE REPUBLIC OF SOUTH AFRICA. NEITHER THIS ANNOUNCEMENT NOR
ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED
UPON IN CONNECTION WITH, ANY SUCH OFFER, SOLICITATION OR COMMITMENT
WHATSOEVER IN ANY OF THOSE JURISDICTIONS.
THE INFORMATION CONTAINED WITHIN
THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE
INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU)
NO. 596/2014 AS IT
FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018, AS AMENDED.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
Celsius Resources
Limited
("Celsius" or the "Company")
Result of
Placing
Celsius (AIM:CLA), is pleased
to announce that, further to its announcement of 4.35 p.m today, it
has successfully completed and closed the Placing to raise gross
proceeds of approximately £350,000.
The Placing has raised, in
aggregate, gross proceeds of approximately £350,000 through the
placing of 87,500,000 new Ordinary Shares ("Placing Shares") to certain
institutional and other investors at a price of 0.4 pence per
share.
The Placing Shares will be issued on
or around 16 December 2024, all shares will be under the Company's
pre existing share capital authorities. The
Placing Shares will be issued fully paid and will rank pari passu
in all respects with the Company's existing Ordinary
Shares.
In addition, the Company will be
issuing 43,750,000 Placing Warrants to Placees. The Placing
Warrants are exercisable at any time from the date of issue until
31 December 2026 at a price of 0.5 pence per Ordinary Share. The
warrant certificates will be issued by the Company to the
respective investors after the date of Admission (which is expected
to become effective on or around 16 December 2024).
Admission and Total Voting Rights
Application has been made to the
London Stock Exchange for admission of the Placing Shares to
trading on AIM (the "Admission"). It is expected that
Admission will become effective and dealings in the Placing Shares
will commence at 8.00 a.m. on or around 16 2024.
Admission is conditional, inter
alia, upon the Placing Agreement not having been terminated and
becoming unconditional in respect of the Placing Shares. The
Placing does not require Shareholder approval as the Placing Shares
will be issued pursuant to the Company's pre-existing share capital
authorities granted at its previous
general meeting.
Following Admission, the total
number of Ordinary Shares in the capital of the Company in issue
will be 2,658,524,501 Ordinary Shares with voting rights.
This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company's share capital.
Capitalised terms used but not defined in this announcement
have the meanings given to them in the Company's announcement
released this morning in respect of the Placing unless the context
provides otherwise.
|
For
further information contact:
|
Celsius Resources
Limited
Mark
van Kerkwijk
T: +61 8 9324 4516
Zeus (Broker
and Bookrunner)
Harry Ansell / James Joyce / James Bavister
Tel: +44 (0) 203 829 5000
Beaumont Cornish Limited (Nominated
Adviser)
Roland Cornish/Felicity
Geidt/Andrew Price
Tel: +44 (0) 207 628 3396
Multiplier Media (Australian Media
Contact)
Jon
Cuthbert
Tel: +61 402 075 707
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the 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 other 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.
