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EQ Resources Expands Share Issuance to Boost Tungsten Projects

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EQ Resources Expands Share Issuance to Boost Tungsten Projects

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The latest update is out from EQ Resources Limited ( (AU:EQR) ).

EQ Resources Limited has issued 114,285,719 fully paid ordinary shares at an issue price of $0.035 each, as part of its ongoing efforts to enhance shareholder value and expand its project portfolio. This move aligns with the company’s strategy to explore and develop opportunities within the critical minerals sector, reinforcing its position as a key player in the global tungsten market.

More about EQ Resources Limited

EQ Resources Limited is a leading global tungsten mining company focused on sustainable mining and processing practices. The company is listed on the Australian Securities Exchange and aims to expand its tungsten assets at Mt Carbine in North Queensland, Australia, and Barruecopardo in Salamanca Province, Spain. It leverages advanced mineral processing technology to become a globally leading supplier of tungsten, a critical mineral.

Average Trading Volume: 2,360,790

Technical Sentiment Signal: Sell

Current Market Cap: A$119.1M

See more data about EQR stock on TipRanks’ Stock Analysis page.

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