Celsius Resources Ltd - mineral explorer focused on portfolio of copper-gold resources in the Philippines - Requests extension of share suspension on Australian Securities Exchange. The shares have been halted in Sydney since Monday last week, while they continue to trade on AIM in London. Celsius asks for the suspension to continue until it makes an announcement about the mine permitting process in the Philippines or until Thursday next week at the latest. Says the Philippine government’s Department of Environment & Natural Resources has reached a conclusion regarding the issuance of the mining permit for Celsius’s flagship Maalinao-Caigutan-Biyog copper-gold project, but there remain ‘additional important and indispensable Philippine government protocols that need to be complied with for the effectivity of the mining permit’.
Current stock price in London: 0.71 pence, up 0.8% on Wednesday
12-month change: down 20%
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