Completion of Tranche 2 Placement

Celsius Resources Limited (Celsius or CLA) (ASX, AIM:CLA) confirms that it has completed tranche 2 of the placement announced on 10 March 2025 ("Placement"). Tranche 2 raised gross proceeds of approximately A$1.748 million via the placement of 227,917,252 fully paid ordinary shares in the Company ("Shares") at A$0.008 per Share to new and existing shareholders, and institutional investors.

The Shares were issued as a result of shareholder approval received at the General Meeting held on 28 April 2025 ("General Meeting") for tranche 2 of the Placement, and for the participation by related parties on the same terms as the Placement. The Company expects to complete the issue of the free-attaching options and broker options approved at the General Meeting ("Options")[1] on or around 19 May 2025, subject to meeting ASX quotation requirements.

The Shares, which rank pari passu with existing ordinary shares, are today being admitted to trading on AIM ("Admission").

An Appendix 2A for the Shares will be lodged separately.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

For the purposes of section 708A(6) of the Corporations Act, the Company gives notice under section 708A(5)(e) of the Corporations Act as follows:

• the Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act;
• as at the date of this notice the Company has complied with:
• the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
• sections 674 and 674A of the Corporations Act; and
• as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act, that is required to be set out in the notice under section 708A(6)(e) of the Act.

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

Celsius Resources Contact Information

Level 5, 191 St. Georges Terrace

Perth WA 6000

PO Box 7059

Cloisters Square PO

Perth WA 6850

P: +61 8 9324 4516

W: www.celsiusresources.com

Celsius Resources Limited

[1] Refer to ASX announcements dated 28 March 2025 and 28 April 2025