17th Mar 2023 11:12
Celsius Resources Ltd - copper-gold exploration and development in the Philippines, Namibia and Australia - Requests an immediate halt to trading in its shares on the Australian Securities Exchange in Sydney, saying it will make an announcement regarding a local partner for the Maalinao-Caigutan-Biyog project in the Philippines. Celsius current owns 100% of the copper-gold project. Says it has asked for trading halt to remain until the earlier of the announcement or Wednesday next week. Celsius shares continue to trade on AIM in London.
Celsius also releases its results for the financial half-year that ended December 31. The company posts a pretax loss of USD2.1 million, narrowed from USD3.1 million a year before. This is due to lower impairments and other expenses, as the company earns no revenue. Loss per share is 0.14 US cents, narrowed from 0.29 cents.
By Greg Rosenvinge, Alliance News reporter
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