Share offer in Celtic Resources to close next week

ISEQ-listed Celtic Resources Holdings, which aims to become one of the largest gold producers in Russia and Kazakhstan by 2007, has reminded shareholders that the £3m Open Offer of 2,222,222 new shares following a 10:1 share consolidation closes at 3pm next Tuesday.

The offer is part of a placing to raise up to £8m through a £5m institutional raising by brokers Williams de Broe and the £3m open offer to all shareholders.