CRONIMET Australia Becomes Major EQ Resources Stakeholder

EQ Resources Limited (AU:EQR) has released an update.

CRONIMET Australia Pty Ltd has emerged as a substantial holder in EQ Resources Limited, securing a 5.81% voting power through the acquisition of 127,323,657 fully paid ordinary shares. This move, effective from 29 July 2024, was part of a joint venture asset transfer agreement, although specific financial details were not disclosed in the announcement.

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