2025/11/13 – 13:05:00 – 1086687258083328272

Result of Placing

Celsius Resources Limited
Registration No. F/ACN 009 162 949
Registered as an external company in Namibia
ISIN Code: AU000000CLA6
NSX Share Code: CER

RESULT OF PLACING

Celsius Resources Limited (Celsius or CLA) (ASX, AIM:CLA) is pleased to announce that on
Wednesday 12 November 2025, it successfully completed and closed a placement on AIM, a
market operated by the London Stock Exchange plc, to raise gross proceeds of £0.53 million.

The Placement has raised, in aggregate, gross proceeds of approximately £0.53 million through
the placing of 106,000,000 new Ordinary Shares (Placing Shares) to new and existing
shareholders, and institutional investors in the United Kingdom and Australia, at a price of 0.5
pence per share (Placement), a discount of approximately 5% over the last closing price on AIM
of 0.525 pence on 11 November 2025.

Celsius Executive Director, Neil Grimes, commented:
“This Placement follows on from a successful visit to London to meet our broker, Zeus and our
major UK based shareholders and potential investors. The response to the Celsius story during
the week of meetings in London in late October was positive, and investment funds were offered
to Celsius as placements into the Company. Whilst the visit was not intended to raise capital,
the opportunity to obtain the additional investment was determined by Directors to be a prudent
decision, which ensures that the Company will have sufficient working capital for the first half of
2026. The size of this Placement is such that it provides working capital for the Company over
the coming months whilst the MCB Project final feasibility studies and financing are concluded,
with minimal dilution to existing shareholders”.

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

This announcement can be viewed at the following link:
https://celsiusresources.com/announcements/7259307

Kellie Davis
Company Secretary
13 November 2025

Registered Office
Celsius Resources Limited
Registration no. F/ACN 009 162 949
8 Sinclair Street
Windhoek
Namibia

Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
4th Floor, 1@Steps, C/O Grove and Chasie Street
Kleine Kuppe, Windhoek
Registration No. 95/505

Date: 13-11-2025 01:05:00
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Namibia Securities Exchange – NAM News