Celsius Resources (ASX:CLA) set to raise $6M for Philippines exploration
Celsius Resources (ASX:CLA) set to raise $6M for Philippines exploration Minerals explorer Celsius Resources (CLA) has received firm commitments for a $6 million placement More than 167 million fully paid ordinary shares will be issued to institutional and sophisticated investors at 3.6 cents This price represents a 10-per-cent discount to Celsius' last closing price of 4 cents on April 26 Celsius will use the funds to complete the scoping study for the MCB Project and renew the permit for the Sagay Project, both of which lie in the Philippines Shares are expected to settle on May 4 and be...
Source: themarketherald.com.au