CAPITAL MARKETS

Celsius' Namibian cobalt play attracts strong backing

THE emergence of Celsius Resources as a cobalt junior of significance has been further confirmed with a fundraising of A$9 million at an equity price that's a six-fold increase on levels the stock was trading at in mid-2017.

Celsius' cobalt hits in Namibia getting strong market backing.

Celsius' cobalt hits in Namibia getting strong market backing.

Celsius is issuing new shares priced at 18.5c each, with undisclosed institutional and professional investors from North America, Hong Kong, Europe and Australia subscribing for shares. The funding...

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