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Celsius Resources Wins Court Orders, Clearing Path to ASX Reinstatement

Story Highlights
  • Celsius Resources obtained court orders validating its past auditor changes and historical share issues.
  • With legal uncertainties resolved, the company’s shares will resume trading on the ASX, supporting investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Celsius Resources Wins Court Orders, Clearing Path to ASX Reinstatement

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An announcement from Celsius Resources ( (AU:CLA) ) is now available.

Celsius Resources has secured court orders from the Supreme Court of Western Australia confirming that the resignation of its former auditor, BDO Audit (WA) Pty Ltd, was effective from 30 November 2011 and that the subsequent appointment of RSM Australia Partners as auditor from the same date was valid. The court also validated historical share issues and on-sales up to the date of the orders, clearing corporate and compliance uncertainties and paving the way for the company’s shares to be reinstated to official quotation on the ASX on 9 February 2026.

These rulings remove potential legal and regulatory overhangs related to the company’s audit history and capital raisings, strengthening governance assurances for shareholders and the market. With trading resumption on the ASX, Celsius can re-engage fully with investors, potentially improving liquidity and market confidence in its securities after the resolution of these technical compliance matters.

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 Limited is an ASX- and AIM-listed company based in Perth, Western Australia. It operates in the resources sector, with its shares traded on both the Australian Securities Exchange and London’s AIM market, giving it access to a broad base of mining and resources investors.

YTD Price Performance: 66.67%

Average Trading Volume: 8,840,129

Technical Sentiment Signal: Buy

Current Market Cap: A$64.83M

Find detailed analytics on CLA stock on TipRanks’ Stock Analysis page.

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