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An update from EQ Resources Limited ( (AU:EQR) ) is now available.
EQ Resources Limited has issued 317,039,823 fully paid ordinary shares at an issue price of $0.035 without disclosure to investors under the Corporations Act. This move is part of the company’s strategy to enhance its financial standing and support its ongoing projects in the critical minerals sector, potentially impacting its market position and shareholder value.
More about EQ Resources Limited
EQ Resources Limited is a leading global tungsten mining company focused on sustainable mining and processing practices. Listed on the Australian Securities Exchange, the company aims to expand its tungsten assets at Mt Carbine in North Queensland, Australia, and Barruecopardo in Salamanca Province, Spain. It leverages advanced minerals processing technology and unexploited resources to become a leading supplier of tungsten, a critical mineral.
Average Trading Volume: 1,322,589
Technical Sentiment Signal: Sell
Current Market Cap: A$87.88M
Learn more about EQR stock on TipRanks’ Stock Analysis page.