Celsius Resources Limited announced Peter hume has decided to step down as Managing Director of the Company effective 8 May 2024 and the Board has accepted his decision to enable him to devote his time and energy in bringing the MCB Project to full development within a very demanding schedule. However, Peter will remain significantly involved in CLA as Non-Executive Director effective likewise on 8 May 2024. Thus, Peter will continue to lend the Board his extensive mining expertise with over 40 years involvement in the mining industry in different parts of the world, with the last 15 years being in the Philippines.

The dynamic presence of both Mark and Peter on the Board are positive steps towards CLA's transition from being an exploration to a development Company.