Celsius Resources Limited has appointed Grant Samuel Capital Advisory Pty Limited to assist in finalizing financing for its Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project, held under Philippine affiliate Makilala Mining Co., Inc. (MMCI).
The company said it has received “strong interest in financing the MCB Project from numerous well-qualified international mining financiers, offtakers and investment groups with proven track-records in copper and gold project finance, streaming, and offtake arrangements.”
Celsius noted that proposals received cover “offtake, structured and debt financing as well as equity participation at a Project level.”
Following the receipt of these proposals and with the imminent completion of the MCB Definitive Feasibility Study, the board has engaged Grant Samuel “to assist Celsius’ management and Board in the coordination of an integrated financing process and the structuring and negotiation of an optimal funding package.”
In addition, Bardin Davis has been appointed as a consultant to the board on matters of strategy, financing, and project development.
The company said Davis has “significant mining and emerging market experience within both an investment banking and corporate environment.” It noted he was most recently the CEO of Peak Rare Earths, where he “led a financing process for the company’s Tanzanian project,” and added, “We welcome Bardin and look forward to his advice and support around the crucial Board decisions to be taken in this quarter.”
Established in 1988, Grant Samuel is a leading independent corporate advisory firm “renowned for its commitment to delivering tailored financial advice and strategic solutions to clients across Australia and internationally.”
The firm has recently provided strategic and financing advice to several mineral development companies in Southeast Asia. Headquartered in Sydney with offices in Melbourne and Hong Kong, Grant Samuel acted as lead financial adviser to Asiamet Resources Limited on the proposed conditional sale of its interest in the KSK Project to Norin Mining (Hong Kong) Limited for a gross cash consideration of US$105 million. The transaction, announced on November 6, 2025, remains subject to shareholder and regulatory approvals.
Bardin Davis has approximately 30 years of mining experience in both investment banking and corporate roles, including nearly 12 years in Asia. He has held senior positions with Macquarie Capital, HSBC, and ABN AMRO. As CEO of Peak Rare Earths Limited, he oversaw “a project financing process, the execution of a binding offtake agreement as well as the completion of a BFS Update and FEED Study for the company’s Tanzanian rare earths project.”
Celsius said Davis “will provide advice to the Board as we finalise the Project financing for MCB and move into construction.”
