Celsius Resources Ltd (ASX:CLA) (Celsius Resources Ltd (ASX:CLA)) executive director Peter Hume speaks with Proactive after signing an agreement with Sodor Inc. and the PMR Group outlining the terms on which the company proposes to secure a local partner for development of the MCB Copper-Gold Project in the Philippines. Subject to executing a binding agreement, up to US$43 million is to be received by Celsius which the parties agree to apply towards financing the project.
Celsius Resources welcomes highly experienced local partner to help finance MCB project