Celsius secures funding for MCB project early works

Celsius Resources Limited (JSE:CERNM) announced it has secured funding to initiate early works on the MCB Project. A binding term sheet has been signed between Makilala Mining and Maharlika Investment Corporation for a USD76.4 million bridge loan facility. As of March 31, 2025, the company reported closing cash of A$1.657 million. Further details on the activities for the quarter ended March 31, 2025 are available on the company website. Kellie Davis, Company Secretary, released the announcement on April 30, 2025.