ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Business/CompaniesArticle

Celsius Resources files complaint seeking disbarment of Philippine lawyers

Company alleges legal team violated professional conduct rules amid dispute over copper-gold project governance in the Philippines. Complaint targets senior partners and firm.

HV
Helena Vásquez · Business Desk · 24 Aug 2026 · 07:16 · 1 min read
Share
Celsius Resources files complaint seeking disbarment of Philippine lawyers

Celsius Resources Limited (ASX, AIM: CLA) has filed a disciplinary complaint with Philippine authorities seeking the disbarment of attorneys from Sarmiento Loriega Law, including senior partners and the firm's founding partner, for alleged breaches of professional conduct.

The complaint names Julito "Sarge" R. Sarmiento, Atty. Maria Elizabeth Peralta-Loriega, Atty. Recolito Ferdinand Cantre Jr., Atty. Jose A. Linsangan, Atty. Bryan A. San Juan, and Atty. Christine C. Clemente. The legal action follows a separate criminal complaint filed against Sarmiento on August 3, 2026, under the Philippines' Anti-Dummy Law.

The allegations relate to the governance of Makilala Mining Company, Inc., which operates the MCB Copper-Gold Project under a Mineral Production Sharing Agreement with the Philippine government. Celsius Resources stated it is confirming the filing of the complaint in accordance with local disclosure requirements but did not provide further details on the alleged violations.

The announcement was authorized by Celsius Resources' board and issued in compliance with Rule 3.1 of the ASX Listing Rules and Rule 11 of the AIM Rules for Companies. The company did not respond to requests for additional comment beyond the regulatory filing.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
ADVERTISEMENT