Celsius Resources Limited ('Celsius' or 'CLA') (ASX,AIM: CLA) is pleased to announce the approval of the Five-Year Social Development and Management Program ('SDMP') of the Sagay Copper Project ('Sagay' or 'the Project'), held under its Philippine subsidiary, Tambuli Mining Company, Inc ('TMCI') located at the Island of Negros in the Philippines.
The Philippine Mines and Geosciences Bureau (MGB) issued the Certificate of Approval, dated 18 June 2024 and which Celsius received late last week, attesting that the document has satisfactorily met the requirements, in form and substance, based on the guidelines of the Implementing Rules and Regulations of RA No. 7942, otherwise known as the Philippine Mining Act of 19951 . The SDMP was submitted to the MGB as one of the requirements under the Sagay Project's Declaration of Mining Project Feasibility (DMPF) application, along with other technical and environmental plans and programs.2
Celsius Resources Executive Chairman, Atty. Julito 'Sarge' Sarmiento said: 'We are happy that the permitting process for the Sagay Project is progressing well. The issuance of the SDMP Certificate of approval underscores the national Government's strong support to the Project and the Philippine mining industry in general. This also reflects the alignment of our initiatives with national development goals and reinforces our dedication to sustainable and responsible mining practices' 'Through the SDMP, we remain committed to contributing positively to the communities we operate in and to upholding the highest standards of environmental and social governance
The SDMP is a comprehensive five-year plan for the 'sustained improvement in the living standards of the host and neighboring communities through programs, projects, and activities geared toward creating responsible, self-reliant, and resource-based communities and the development of science and mining technology'3 . It was developed in consultation with the host community and the local Government unit in line with their local development plans and programs.
Listing Rule 5.19 and 5.23 Disclosure
The information is this announcement with respect to the MRE for the Sagay Project was announced by the Company to ASX on 6 February 2024. The Company confirms that it is not aware of any new information or data that materially affects the information included in the announcement dated 6 February 2024 and that all material assumptions and technical parameters underpinning the MRE continue to apply and have not materially changed.
Forward Looking Statements
Some of the statements appearing in this announcement may be in the nature of forwardlooking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which the Company operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside the Company's control. The Company does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of the Company's Directors, employees, advisors, or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of this announcement. The Company would also like to advise that its Broker has changed from WH Ireland Limited to Zeus Capital Limited with immediate effect. This change follows completion of the acquisition by Zeus Capital Limited of the WH Ireland Capital Markets Division (from WH Ireland Limited)
Contact:
Tel: +61 419 273456
Email: info@celsiusresources.com.au
Beaumont Cornish Limited ('Beaumont Cornish') is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
CELSIUS RESOURCES LIMITED 
