Celsius Resources Advances Planned Exit from Makilala Stake, Sets Investor Webinar

Celsius Resources ( (AU:CLA) ) has shared an announcement.

Celsius Resources, an Australia-based mineral resources company with interests in Philippine mining projects, is progressing a planned change in ownership of Makilala Mining Company, Inc. via its wholly owned subsidiary Makilala Holding Limited. The subsidiary has issued formal notice to partner Sodor Inc. about relinquishing its 60% stake in Makilala Mining, and both parties are now coordinating to structure any potential transfer in compliance with Philippine regulatory and statutory requirements, with no shares transferred yet.

The company has also scheduled a shareholder and investor webinar for the evening of 11 March 2026 (AEST) to provide a broader corporate update and address pre-submitted questions. This engagement initiative is intended to keep investors informed on strategic developments such as the contemplated Makilala stake transfer and other corporate matters, underscoring Celsius Resources’ focus on transparent communication as it manages changes to its Philippine asset portfolio.

The most recent analyst rating on (AU:CLA) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Celsius Resources stock, see the AU:CLA Stock Forecast page.

More about Celsius Resources

Celsius Resources is an Australia-based mineral resources company listed on the ASX and AIM, with interests in Philippine mining assets held through subsidiaries such as Makilala Holding Limited. The company focuses on the exploration and development of mining projects, positioning itself within the broader base metals and resources sector targeting global investors and shareholders.

YTD Price Performance: 41.67%

Average Trading Volume: 11,999,667

Technical Sentiment Signal: Buy

Current Market Cap: A$66.95M

See more data about CLA stock on TipRanks’ Stock Analysis page.