(NewsDirect)
Celsius Resources Ltd (ASX:CLA, AIM:CLA) executive director PeterHume tells Proactive its wholly-owned subsidiary Makilala Holding Ltd(MMCI), has inked a deal with Sodor Inc for the latter to acquire 60%of MMCI. This deal, signed on March 17, was worth PHP 300 million, oraround A$8.2 million. Hume says it is a significant milestone -allowing MMCI to apply for a mineral production sharing agreement(MPSA) for the MCB Copper-Gold Project with the PhilippineGovernment.
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Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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