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Why Is Celsius Resources Offering 424 Million New Options Now?
2:29am on Monday 2nd of June, 2025 AEST
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Why Is Celsius Resources Offering 424 Million New Options Now?
2:29am on Monday 2nd of June, 2025 AEST
Key Points
Offer of 423.95 million new options exercisable at $0.01, expiring in three years
Options issued free-attaching or for nil consideration, raising no immediate funds
Participation by Silvercorp Metals and company directors in placement
Offer conditional on shareholder approval for additional tranche options
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