Source - LSE Regulatory
RNS Number : 5398C
Celsius Resources Limited
13 June 2023


13 JUNE 2023


CLA and Silvercorp Metals Inc. extend period of exclusivity


Celsius Resources Limited ("CLA", "Celsius" or the "Company") (ASX:CLA, AIM"CLA) is pleased to announce that further to the non-binding term sheet ("Term Sheet") signed with Silvercorp Metals Inc. as announced on 15 May 2023, the parties have agreed to extend the period of exclusivity of the Term Sheet.


The period of exclusivity in the Term Sheet, as announced on 15 May 2023, was for a period of one-month which commenced on 2 May 2023. CLA and Silvercorp Metals Inc. have signed a variation to the Term Sheet so that the period of exclusivity will expire on 2 July 2023, being the date that is two months from signing by both parties of the Term Sheet.



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


The information contained within this announcement is deemed by Celsius to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018.


Celsius Resources Contact Information

Level 5, 191 St. Georges Terrace

Perth WA 6000


PO Box 7059

Cloisters Square PO

Perth WA 6850


P: +61 2 8072 1400




Celsius Resources Limited



Peter Hume

P: +61 2 8072 1400




Multiplier Media

(Australia Media Contact)          


Jon Cuthbert



M: +61 402 075 707




Beaumont Cornish Limited

(Nominated Adviser)

Roland Cornish/Felicity Geidt/Andrew Price


Tavistock Communications

(UK Media and Investor Relations)



+44 (0) 207 628 3396

Charles Vivian


M: 0044 7977297903



Tara Vivian-Neal

M: 0044 7394408654



   SP Angel                                                                                                     +44 (0) 203 470 0470


   John Meyer/Ewan Leggat/Harry Davies-Ball    


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