Celsius definition

Celsius. (°C) is equivalent to the Fahrenheit Temperature minus 32 divided by the factor 1.8.

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Celsius or the “Company”) (ASX, AIM:CLA) is pleased to advise that substantial shareholder, Silvercorp Metals Inc., (“SVM” or “Silvercorp”) (TSX: SVM, NYSE: SVM) has exercised its participation right in relation to the equity particpation and committed equity faciltiy agreements announced on 16 September 2024. As announced on 15 May 20231, the Company agreed to give Silvercorp a reasonable opportunity to participate in future equity offers on equivalent terms to other subscribers for a period of two years and provided Silvercorp’s relevant interest in Celsius does not fall below 10%.2 To give effect to ▇▇▇▇▇▇▇▇▇▇’s election to participate in the Agreements, the Company and Silvercorp have executed a binding subscription agreement to raise a further A$183,667 (before costs) (“Subscription Agreement”). Pursuant to the Subscription Agreement, Silvercorp has agreed to subscribe for 14,693,419 new Celsius shares at a subscription price of A$0.0125 (“Subscription Shares”) (being the same price at which shares will be issued to Patras under the Share Placement Agreement), and 918,339 new Celsius shares at a deemed issue price of A$0.01 per Implementation Fee Share (“Implementation Fee Shares”) (being the same deemed price at which shares will be issued to Patras under the Committed Equity Facility Agreement), together with 3,673,355 Options exercisable at A$0.025 each and expiring 3 years from the date of issue (“Subscription Options”). The Subscription Shares, Implementation Fee Shares and Subscription Options will be issued under the Company’s existing placement capacity under ASX Listing Rules 7.1. Settlement is expected to occur on or around 30 September 2024. Application will also be made for the Subscription Shares and the Implementation Fee Shares, which rank pari passu with all existing ordinary shares in the Company, to be admitted to trading on AIM, with the date of admission expected to be on or around 30 September 2024. Proceeds from the Silvercorp subscription will be applied towards advancing the Company’s project portfolio, including the funding of future development expenditure on its Sagay and 1 For further information refer to the Company’s ASX Announcement of 15 May 2023 titled ‘Celsius Resources signs Non-Binding Term Sheet with Silvercorp Metals Inc. for proposed acquisition of Celsius Resources and firm subscription by Silvercorp Metals to raise A$5 million’.

Celsius shall have the meaning set forth in the Preamble.

Examples of Celsius in a sentence

• PepsiCo and Celsius agree to an enhanced, long-term commercial arrangement on the terms and conditions set forth in this Article III (the “Captaincy”).

• The Purchase Price and all other amounts payable by Celsius or its designees to PepsiCo and its Subsidiary Transferors under this Agreement are exclusive of applicable GST/HST.

• Upon delivery of such notice, PepsiCo shall have [***] to elect to become the exclusive distributor of such ROFR Product in the U.S. and Canada on terms consistent with the Applicable Distribution Agreements (other than as set forth below) by delivery of a written notice of such election to Celsius.

• Following receipt of such notice, Celsius may, with PepsiCo’s consent (which shall not be unreasonably withheld, conditioned or delayed), designate such contract as an Assigned Contract (it being understood that any such Contract, if determined to be assigned, shall be assigned in accordance with Section 2.01(c)).

• Upon the consummation of the transactions contemplated by the Securities Purchase Agreement, Celsius and its Affiliates shall have sufficient cash to satisfy all of Celsius’ obligations under this Agreement, including the payment of the Purchase Price and any fees and expenses of, or payable by, Celsius or its Affiliates in connection with the transactions contemplated by this Agreement.

More Definitions of Celsius

Celsius or the “Company”) (ASX, AIM:CLA) refers to its announcement of 11 December 2024 in relation to the successful completion of the AIM placement raising gross proceeds of approximately £350,000 (before costs) (“AIM Placement”).

Celsius or the “Company”) refers to the agreement between the Company and ▇▇▇▇ Global Fund II, LP, a fund managed by The ▇▇▇▇ Partners (together, “▇▇▇▇”, or “Investor”) (as announced to ASX on 22 December 2022 (“Previous Announcement”)) (“Agreement”).

Celsius means Celsius Network LTD. (UK), whose address is at 35 Great St. Helen's, London, United Kingdom, EC3A 6AP;

Celsius or the “Company”) (ASX, AIM:CLA) is pleased toadvise that substantial shareholder, Silvercorp Metals Inc., (“SVM” or “Silvercorp”) (TSX: SVM, NYSE: SVM) has exercised its participation right in relation to the equity participation and committed equity facility agreements announced on 16 September 2024.

Celsius means, collectively, Celsius Mining LLC and certain of its affiliates.

Celsius or the "Seller") and United Defense Industries, Inc., a Delaware corporation ("Purchaser").

Celsius means Irvita Plant Protection, a Netherlands Antilles branch of Celsius Property B.V., a company organized under the laws of the Netherlands.