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Celsius Resources ( (AU:CLA) ) has issued an announcement.
Celsius Resources has issued an addendum to its upcoming general meeting notice, revising key resolutions tied to a previously announced A$9.3 million capital raising and related securities. The company is seeking shareholder approval for up to 231,625,000 placement options, 2,625,000 director placement securities, and new consideration shares for managing director Bardin Davis, alongside updated voting exclusions and a replacement proxy process that clarifies how prior and future proxy votes will be treated.
The revised resolutions are designed to align the placement structure and director participation with ASX Listing Rules, while managing potential conflicts of interest through detailed voting exclusions and prohibitions. Shareholders are urged to use a replacement proxy form if they wish to alter votes on the amended resolutions or participate in the new resolution covering consideration shares, underscoring the administrative and governance significance of the changes ahead of the 30 April Perth meeting.
More about Celsius Resources
Celsius Resources Limited is an Australian-listed resources company focused on mineral exploration and development. The company operates in the mining sector, raising capital through equity placements to advance its projects and maintain funding flexibility in line with market and listing rule requirements.
Learn more about CLA stock on TipRanks’ Stock Analysis page.