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EQ Resources Limited ( (AU:EQR) ) just unveiled an update.
EQ Resources Limited has issued 249,585,714 fully paid ordinary shares at an issue price of $0.035 each, without disclosure to investors, as per the Corporations Act. This move aligns with the company’s compliance with relevant provisions of the Corporations Act, and it aims to enhance its financial position and shareholder value as it continues to develop its project portfolio and explore new opportunities in the critical minerals sector.
More about EQ Resources Limited
EQ Resources Limited is a leading global tungsten mining company focused on sustainable mining and processing practices. It 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. The company leverages advanced minerals processing technology and unexploited resources to become a global leader in tungsten supply, while exploring opportunities in the critical minerals sector.
Average Trading Volume: 3,682,670
Technical Sentiment Signal: Sell
Current Market Cap: A$102.3M
See more insights into EQR stock on TipRanks’ Stock Analysis page.