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Exciting opportunities ahead for Celsius Resources

Online webinar

January 2022

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CELSIUS RESOURCES - A DEVELOPMENT COMPANY

  • Advanced high-grade MCB copper-gold project in the Philippines, includes approx. 1.5mt of contained copper and 1.5m Oz of contained gold.
  • Scoping Study Pre-tax NPV(8%) of US$618m (~A$865m) @ IRR of 35%.
  • Focused on the priority development of MCB.
  • We will be looking to divest or partner the Opuwo Cobalt

Project in Namibia after de risking the metallurgical test work.

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We will look for a partner to help develop the Sagay copper-gold project in the central Philippines.

Board and Management team with dynamic in-Country project development experience and demonstrated capital funding ability.

Philippines open for business with the ability for companies to now apply for mineral agreements and the lifting of the ban on open pit mining.

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CORPORATE STRUCTURE

ASX:CLA

Share Price (as at 19-Jan-2022)

$0.03

Shares On issue

1,054 million

Market Cap

$28.5 million

Cash Position (as at 31-Dec-21)

~$1.9 million

Celsius Share Price (1 Year)

$0.04

$0.03

$0.02

$0.01

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Shareholder Composition

Management

11%

All other

Remaining top 20

Shareholders

28.43%

60.58%

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Non-ExecutiveChairman
MARTIN
BUCKINGHAM
HIGHLY EXPERIENCED BOARD & MANAGEMENT

onlyuse Over 40 years' experience in resource industries and has been Director and held senior management positions with various mining companies in the UK and

ersonaloverseas.

Companies include Clogau Gold Mines plc, Atlas Consolidated Mining & Development Corp (Philippines) as EVP and CFO along with a Directorship of its wholly owned subsidiary Carmen Copper Corporation, Berong Nickel Corp, Electrum Ltd, Philippine Gold plc, Director and co-founder of Consort Research Limited, a metallurgical consultancy group based at the Royal School of Mines in London.

Recently was founder of Anleck Limited which set out to develop the Makilala project portfolio previously owned by Freeport-McMoRan.

ROBERT GREGORY

Managing Director

  • A highly competent Strategic Planner & Risk Manager, having undertaken, managed and facilitated numerous strategic planning and risk workshops with groups ranging from company Board of Directors through to line management and stakeholders.
  • A background in Mining Engineering with particular experience in underground mining and in mining operations in Asia. He oversaw the mine site construction at Aurora's Mt Muro project and also has experience constructing mines in Asia, being responsible for the development of the Tanjianshan mine in China.
  • Has been the Chairman of the Australian and New Zealand Chamber of Commerce Extractive Minerals Committee (Philippines), as well as the Trustee for Philippines Mining & Exploration Association and past President, the Director Philippines Chamber of Mines and, former Porgera (PNG) Branch Secretary AUSIMM.

BILL OLIVER

Non-Executive Director

  • A geologist with over 20 years' experience in the international resources industry working for both major and junior companies.
  • Former roles include Rio Tinto, Harmony Gold, Bellamel Mining and BC Iron.
  • Extensive experience as a Director of ASX listed companies.

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HIGHLY EXPERIENCED BOARD & MANAGEMENT

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MICHAEL HULMES

Non-Executive Director

A mining engineer with over 30 years experience, most

of which was in underground copper and gold mine

development and operations.

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Has held senior roles with Barrick Gold, Appian Capital,

Lundin Mining and OkTedi.

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Worked extensively in developing countries including Papua New Guinea & Brazil.

Holds a B.Sc (Eng), MBA, Fellow of AusIMM.

Currently an NED of TSX listed Transatlantic Gold Corporation.

SARGE SARMIENTO

Non-Executive Director

  • An experienced Philippine lawyer with over 30 years specialising in mining, environment, social license, indigenous peoples, renewable energy, government relations and who has established close relationships with civil society, Church and local communities.
  • Currently Co-Managing Partner of Sarmiento Loriega (SL) Law Office.
  • Currently President of CLA's Philippine operating subsidiaries.

Jonathan Colvile

Non-Executive Director

  • A London-based stockbroker with 40 years' experience raising capital for the mineral industry internationally. He has been involved with several companies that have hosted projects throughout Asia, and more specifically the Philippines, and in Africa.
  • His career started in 1980 as a stockbroker in Hong Kong with the Watson Company after which he worked as Senior Stockbroker for James Capel until 1998, specialising in Far Eastern Equity Investment where he also worked in Hong Kong, as well as throughout Singapore, the Philippines, China, and Thailand.

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Celsius Resources Ltd. published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 07:35:17 UTC.