Constitution
Released
Released
Announcement PDF
CORPORATIONS ACT 2001
CONSTITUTION
of
CELSIUS RESOURCES LIMITED
ACN 009 162 949
Adopted by Special Resolution of Shareholders on 9 September 2026
CONTENTS
1. INTERPRETATION............................................................................................................................1
1.1 Definitions ......................................................................................................................1
1.2 Interpretation ................................................................................................................4
1.3 Corporations Act Definitions .......................................................................................5
1.4 Status of Constitution ...................................................................................................5
1.5 General Authorisation..................................................................................................5
1.6 Displacement of Replaceable Rules .........................................................................5
1.7 Enforceability ................................................................................................................5
1.8 Jurisdiction.....................................................................................................................6
1.9 Uncertificated Securities..............................................................................................6
2. SHARE CAPITAL AND VARIATION OF RIGHTS .............................................................................6
2.1 Rights Attaching to Shares ..........................................................................................6
2.2 Issue of Shares...............................................................................................................6
2.3 Share Options ...............................................................................................................6
2.4 Variation of class rights ................................................................................................6
2.5 Effect of share issue on class rights.............................................................................7
2.6 Preference Shares ........................................................................................................7
2.7 Recognition of Trusts ....................................................................................................7
2.8 Unregistered Interests...................................................................................................7
2.9 Share Certificates and Share Option Certificates....................................................7
2.10 Section 1071H of the Corporations Act .....................................................................8
2.11 Commissions..................................................................................................................8
2.12 Restricted Securities .....................................................................................................8
2.13 Non-Issue or Cancellation of Certificate ...................................................................9
2.14 No Prohibition on Foreign Ownership ........................................................................9
2.15 Payment of Interest out of Capital.............................................................................9
2.16 Issue cap for offers involving monetary consideration under an employee
incentive scheme.........................................................................................................9
3. MINIMUM SECURITIES HOLDING................................................................................................10
3.1 Effect of this Clause....................................................................................................10
3.2 Definitions ....................................................................................................................10
3.3 Minimum Securities Holding ......................................................................................10
3.4 Sale of Listed Securities of Minority Holder ..............................................................11
3.5 Acceptance of Offer.................................................................................................11
3.6 Appointment of Attorney ..........................................................................................11
3.7 Transfer.........................................................................................................................11
3.8 Proceeds of Sale.........................................................................................................11
3.9 Receipt of Proceeds ..................................................................................................12
3.10 Registration of Purchaser...........................................................................................12
3.11 Remedies Limited .......................................................................................................12
3.12 Cost of Sale of Listed Securities.................................................................................12
3.13 Exemption from clause 3 ...........................................................................................12
3.14 Notice to Exempt........................................................................................................13
3.15 Takeover Offer or Announcement...........................................................................13
3.16 Use by Company of Clause 3 ...................................................................................13
3.17 Notice to New Minority Holders ................................................................................13
4. UNCERTIFICATED HOLDINGS AND ELECTRONIC TRANSFERS...................................................13
4.1 Electronic or Computerised Holding........................................................................13
4.2 Statement of Holdings ...............................................................................................14
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4.3 Share Certificates .......................................................................................................14
4.4 Listing Rules..................................................................................................................14
5. LIEN ..............................................................................................................................................14
5.1 Lien for Shareholder Debts ........................................................................................14
5.2 Generally.....................................................................................................................14
5.3 Exemption....................................................................................................................15
5.4 Dividends.....................................................................................................................15
5.5 Sale of Shares..............................................................................................................15
5.6 Restrictions on Sale.....................................................................................................16
5.7 Person Authorised to Sign Transfers ..........................................................................16
5.8 Proceeds of Sale.........................................................................................................16
5.9 Protection of Lien under Operating Rules ...............................................................16
5.10 Further Powers re Forfeited Shares and Liens..........................................................16
6. CALLS ON SHARES ......................................................................................................................16
6.1 Calls..............................................................................................................................16
6.2 Payment of Calls ........................................................................................................17
6.3 Quoted Shares............................................................................................................17
6.4 Unquoted Shares........................................................................................................17
6.5 Joint Liability................................................................................................................17
6.6 Deemed Calls .............................................................................................................17
6.7 Differentiation between Shareholders.....................................................................17
6.8 Payments in Advance of Calls..................................................................................17
6.9 Outstanding Moneys..................................................................................................18
6.10 Revocation/Postponement or Extension.................................................................18
6.11 Compliance with Listing Rules and Corporations Act ...........................................18
6.12 Waive...........................................................................................................................18
7. FORFEITURE OF SHARES ..............................................................................................................18
7.1 Failure to Pay Call.......................................................................................................18
7.2 Forfeiture......................................................................................................................19
7.3 Sale of Forfeited Shares .............................................................................................19
7.4 Continuing Liability .....................................................................................................19
7.5 Officer’s Statement Prima Facie Evidence .............................................................19
7.6 Procedures ..................................................................................................................19
7.7 Listing Rules and Operating Rules.............................................................................19
7.8 Waive...........................................................................................................................19
8. TRANSFER OF SHARES .................................................................................................................20
8.1 Form of Transfer...........................................................................................................20
8.2 Transfers .......................................................................................................................20
8.3 Participation in relevant systems ..............................................................................20
8.4 Registration Procedure ..............................................................................................20
8.5 Power to Refuse to Register ......................................................................................21
8.6 Closure of Register......................................................................................................21
8.7 Retention of Transfers by Company.........................................................................21
8.8 Power to suspend registration of transfers...............................................................21
8.9 Powers of Attorney .....................................................................................................21
8.10 Other Securities...........................................................................................................22
8.11 Branch Register...........................................................................................................22
8.12 Compliance with Operating Rules...........................................................................22
8.13 Issuer Sponsored Subregister.....................................................................................22
8.14 Transferor Holds Shares until Registration of Transfer ..............................................22
8.15 Waive...........................................................................................................................22
9. TRANSMISSION OF SHARES ........................................................................................................22
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9.1 Death of Shareholder Leaving a Will .......................................................................22
9.2 Death or Bankruptcy of Shareholder or the Shareholder becomes of unsound
mind .............................................................................................................................23
9.3 Registration by Transmission or to Beneficiary.........................................................23
9.4 Limitations to Apply....................................................................................................23
9.5 Death of a Joint Holder .............................................................................................23
9.6 Joint Personal Representatives .................................................................................23
9.7 Proper Transfer ............................................................................................................23
9.8 Joint Holders................................................................................................................23
10. CHANGES TO CAPITAL STRUCTURE ...........................................................................................24
10.1 Alterations to Capital.................................................................................................24
10.2 Reduction of Capital .................................................................................................24
10.3 Buy-Backs ....................................................................................................................24
10.4 Financial assistance ...................................................................................................24
10.5 Fractions ......................................................................................................................25
11. WRITTEN RESOLUTIONS ...............................................................................................................25
12. GENERAL MEETINGS ...................................................................................................................25
12.1 Convening of General Meetings of Shareholders by Directors’ Resolution........25
12.2 Change of place or postponement of a General Meeting of Shareholders.....25
12.3 Convening of General Meetings of Shareholders by a Director or requisition...25
12.4 Cancellation of a General Meeting of Shareholders ............................................26
12.5 Notice ..........................................................................................................................26
12.6 Irregularities in giving notice......................................................................................26
12.7 Business at General Meeting ....................................................................................27
12.8 Notice to Home Branch.............................................................................................27
12.9 Annual General Meeting ..........................................................................................27
13. PROCEEDINGS AT GENERAL MEETINGS ....................................................................................27
13.1 Quorum........................................................................................................................27
13.2 Persons Entitled to Attend a General Meeting.......................................................27
13.3 Refusal of Admission to Meetings.............................................................................28
13.4 Insufficient room .........................................................................................................28
13.5 Chairperson.................................................................................................................28
13.6 Vacating Chair ...........................................................................................................28
13.7 Disputes Concerning Procedure ..............................................................................29
13.8 General Conduct.......................................................................................................29
13.9 Adjournment ...............................................................................................................29
13.10 Notice of Resumption of Adjourned Meeting ........................................................29
13.11 How resolutions are decided....................................................................................29
13.12 Casting Vote ...............................................................................................................29
13.13 Voting Rights ...............................................................................................................29
13.14 Voting - Show of Hands .............................................................................................30
13.15 Results of Voting .........................................................................................................30
13.16 Poll ................................................................................................................................30
13.17 Manner of Taking Poll.................................................................................................30
13.18 Meeting May Continue .............................................................................................30
13.19 Voting by Joint Holders..............................................................................................30
13.20 Shareholder under Disability .....................................................................................31
13.21 Payment of Calls ........................................................................................................31
13.22 Objection to Voting ...................................................................................................31
13.23 Restrictions on voting .................................................................................................31
13.24 Proxies ..........................................................................................................................31
13.25 Electronic Appointment of Proxy..............................................................................32
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13.26 Name of proxy............................................................................................................32
13.27 Incomplete proxy appointment...............................................................................32
13.28 No right to speak or vote if appointing Shareholder present ...............................33
13.29 Rights where 2 proxies or attorneys are appointed ...............................................33
13.30 More than 2 proxies or attorneys appointed ..........................................................33
13.31 Proxy Votes..................................................................................................................33
13.32 Representatives of Corporate Shareholders...........................................................33
13.33 More than one Representative present ..................................................................34
13.34 Rights of Representatives, proxies and attorneys...................................................34
13.35 Board may determine Direct Voting to apply........................................................34
13.36 Direct Voting instrument – form, signature and deposit........................................35
13.37 Voting Forms ...............................................................................................................35
13.38 Direct Votes count on a poll.....................................................................................36
13.39 Withdrawal of a Direct Vote .....................................................................................36
13.40 Validity of Direct Vote................................................................................................37
14. USE OF TECHNOLOGY AT GENERAL MEETINGS........................................................................37
14.1 Use of technology ......................................................................................................37
14.2 Communication of meeting documents ................................................................38
15. THE DIRECTORS............................................................................................................................38
15.1 Number of Directors...................................................................................................38
15.2 Rotation of Directors ..................................................................................................38
15.3 Election of Directors ...................................................................................................39
15.4 Additional Directors....................................................................................................39
15.5 Removal of Director ...................................................................................................39
15.6 Vacation of Office .....................................................................................................39
15.7 Remuneration .............................................................................................................40
15.8 Initial Fees to Non-Executive Directors.....................................................................40
15.9 Expenses ......................................................................................................................40
15.10 No Share Qualification...............................................................................................40
16. POWERS AND DUTIES OF DIRECTORS ........................................................................................41
16.1 Management of the Company ...............................................................................41
16.2 Borrowings ...................................................................................................................41
16.3 Attorneys .....................................................................................................................41
16.4 Cheques, etc. .............................................................................................................41
16.5 Retirement Benefits for Directors ..............................................................................42
16.6 Securities to Directors or Shareholders.....................................................................42
17. PROCEEDINGS OF DIRECTORS...................................................................................................42
17.1 Convening a Meeting ...............................................................................................42
17.2 Procedure at Meetings..............................................................................................42
17.3 Quorum........................................................................................................................42
17.4 Secretary May Attend and Be Heard......................................................................43
17.5 Majority Decisions.......................................................................................................43
17.6 Casting Votes..............................................................................................................43
17.7 Alternate Directors .....................................................................................................43
17.8 Continuing Directors May Act ..................................................................................44
17.9 Chairperson.................................................................................................................44
17.10 Committees.................................................................................................................44
17.11 Written Resolutions .....................................................................................................44
17.12 Defective Appointment ............................................................................................45
17.13 Directors May Hold Other Offices.............................................................................45
17.14 Directors May Hold Shares, etc.................................................................................45
17.15 Directors Not Accountable for Benefits...................................................................45
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17.16 Disclosure of Interests in Related Matters ................................................................45
17.17 Disclosure of Shareholding ........................................................................................46
17.18 Related Body Corporate Contracts.........................................................................46
17.19 Voting, Affixation of Seal ...........................................................................................46
17.20 Home Branch to be Advised ....................................................................................46
18. MEETING BY INSTANTANEOUS COMMUNICATION DEVICE ....................................................46
18.1 Meetings to be Effectual...........................................................................................46
18.2 Procedure at Meetings..............................................................................................47
18.3 Minutes.........................................................................................................................47
18.4 Definition......................................................................................................................47
19. MANAGING AND EXECUTIVE DIRECTORS AND SECRETARIES.................................................47
19.1 Appointment...............................................................................................................47
19.2 Remuneration .............................................................................................................48
19.3 Powers..........................................................................................................................48
19.4 Rotation .......................................................................................................................48
19.5 Secretary .....................................................................................................................48
20. SEALS ...........................................................................................................................................48
20.1 Common Seal.............................................................................................................48
20.2 Execution of Documents Without a Seal.................................................................48
20.3 Share Seal....................................................................................................................49
21. ACCOUNTS, AUDIT AND RECORDS ...........................................................................................49
21.1 Accounting records to be kept................................................................................49
21.2 Audit.............................................................................................................................49
21.3 Inspection....................................................................................................................49
22. MINUTES.......................................................................................................................................50
22.1 Minutes to be Kept.....................................................................................................50
22.2 Signature of Minutes ..................................................................................................50
22.3 Requirements of the Corporations Act....................................................................50
23. DIVIDENDS AND RESERVES.........................................................................................................50
23.1 Dividends.....................................................................................................................50
23.2 Interim Dividend .........................................................................................................50
23.3 No Interest ...................................................................................................................50
23.4 Reserves.......................................................................................................................50
23.5 Carrying forward profits .............................................................................................51
23.6 Alternative Method of Payment of Dividend .........................................................51
23.7 Shareholders entitled
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