Celsius Resources

Celsius Resources Limited (ASX/AIM:CLA) is a multi-asset copper and gold resources company with a robust portfolio of geographically diverse projects in the Philippines.

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Celsius Resources (ASX, AIM:CLA) is pleased to announce that Mr. Neil Grimes has been appointed as a Non-Executive Director of the Company.

Mr. Grimes’ appointment is subject to completion of AIM regulatory checks and procedures to be advised by the Company’s Nominated Adviser, and a further announcement in accordance with the AIM Rules will be made in due course.

He is an experienced company director, commercial business development manager and project manager mostly in the mineral resources industry. He has more than 30 years’ experience in business management, project development and international project management, in Australia and Southeast Asia.

Previously Mr. Grimes was with WMC Resources for 15 years, and then with Oxiana Limited, OZ Minerals, MMG Ltd and Indophil Resources which was the JV partner with Glencore in the Tampakan Copper-Gold Project in The Philippines. His responsibilities in these companies included financial management, business planning and strategy development, feasibility studies, business support systems projects and joint venture management.

Currently, Mr. Grimes is the Managing Director and CEO of Mannerim Partners, a consulting firm which he founded.

Celsius Executive Chairman, Atty. Julito “Sarge” Sarmiento commented:

“We are delighted to welcome Neil onto the Board of Celsius. We believe his leadership and experience in the mineral resources industry will help to advance our projects in the Philippines and strengthen the Company’s operational capabilities. His extensive experience and leadership skills will undoubtedly be a tremendous asset as we continue to strive for excellence and innovation. We are confident that his vision and expertise will help us achieve our goals and drive Celsius forward.”

Celsius Resources welcomes Neil Grimes as new non-executive director