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Celsius Resources Advances Mining Projects and Raises Funds

Celsius Resources Advances Mining Projects and Raises Funds

Celsius Resources Ltd. (DE:FX8) has released an update.

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Celsius Resources Ltd. has made significant strides in their mining projects, obtaining a mining permit for the MCB Project in the Philippines and completing an updated mineral resource estimate for the Sagay Project. Additionally, the company engaged in financial activities, successfully completing an AIM Placement and signing an agreement with a substantial shareholder to raise more funds, while maintaining a closing cash balance of A$769,000 as of March 31, 2024.

For further insights into DE:FX8 stock, check out TipRanks’ Stock Analysis page.

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