Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
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 $2.1 million, narrowed from $3.1 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.
Copyright 2023 Alliance News Ltd. All Rights Reserved.