7 August 2023

Celsius Resources Limited ("Celsius" or the "Company")

Issue of Equity and Total Voting Rights

Further to the exercise of unlisted options, Celsius Resources Limited announces the issue of a total of 5,431,792 new ordinary shares in the Company at A$ 0.012 (0.62 pence) per share. 

Application will be made for the new ordinary shares,  which will rank pari passu will all existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected to take place on or around 11 August 2023.

Following Admission, Celsius will have 2,246,051,662 Ordinary Shares in issue which will also represent the total number of voting rights in the Company. From Admission the above figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

A copy of this announcement is available on the Company's website, at https://celsiusresources.com

This announcement has been authorised by the Board of Celsius Resources Limited.

For further information, please contact:

Company enquiries

Kellie Davis

Company Secretary

P: +61 8 6245 9438

E: info@celsiusresources.com.au

Celsius Resources Contact Information

Celsius Resources Limited           

Peter Hume       P: +61 2 8072 1400

E: info@celsiusresources.com.au

W: www.celsiusresources.com

Multiplier Media                             

Jon Cuthbert

M: +61 402 075 707

E: jon.cuthbert@multiplier.com.au

Beaumont Cornish Limited

(Nominated Adviser)

Roland Cornish/Felicity Geidt/Andrew Price

+44 (0) 207 628 3396

SPAngel

(Broker)

John Meyer/Ewan Leggat/Harry Davies-Ball       

+44 20 3470 0470