tiprankstipranks
Trending News
More News >

Celsius Resources Announces Proposed Securities Issue to Bolster Growth

Story Highlights
Celsius Resources Announces Proposed Securities Issue to Bolster Growth

Celsius Resources Ltd. ( (AU:CLA) ) has issued an update.

Celsius Resources Ltd. has announced a proposed issue of securities, including options and ordinary shares, as part of a placement. This move is aimed at raising capital, with a total of 80,625,000 securities to be issued. The issuance is expected to support the company’s ongoing projects and strategic objectives, potentially strengthening its position in the mining sector and providing opportunities for growth and development.

More about Celsius Resources Ltd.

Celsius Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of copper and gold, with a market focus on expanding its resource base and enhancing shareholder value.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €12.49M

For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App