Celsius Resources Limited — Capital/Financing Update 2014

Aug 14, 2014

CELSIUS ANNOUNCES COMPLETION OF

SHARE PURCHASE PLAN

AND GENERAL OFFER

Celsius Coal Limited (ASX Code: CLA) ( Celsius or the Company ) previously announced that it had lodged a prospectus for a Share Purchase Plan (SPP) with ASIC on July 9[th] , 2014, and then advised that it would be offering shares under a General Offer for those shares not issued under the SPP. The issue price of $0.0008 per share represents a 20% discount to the 5-day volume weighted average price (VWAP).

Celsius is pleased to advise that a total of 227,062,500 shares have been allotted under the SPP and general offers on 14[th] August 2014, providing the company with $181,650.00 in funds. Total ordinary shares on issue following the above allotments is now 2,238,533,747.

ABOUT CELSIUS COAL

Celsius Coal Ltd is an Australian-based exploration company focused on exploring and developing coking and thermal coal deposits in the Kyrgyz Republic.

Celsius has a 90% interest in the Sary Mogol coal license located in the Alai Range region in the south of the Kyrgyz Republic and also has an 80% interest in the Kargasha, Kokkia and Min Teke licences in the Uzgen Basin. Celsius’ main focus is on its Uzgen Basin Coking Coal Project. In addition to its existing assets, the Company continues to actively pursue new projects in the resources sector, not only in Australia and the Kyrgyz Republic, but elsewhere in the world, with the hope of subsequently developing mining operations on those projects.

For more information, please visit www.celsiuscoal.com.au or contact Mr Ranko Matic, Company Secretary on +61 (08) 9226 4500.