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The latest update is out from EQ Resources Limited ( (AU:EQR) ).
EQ Resources Limited has announced a proposed issue of 570,245,602 fully paid ordinary securities. This move is part of a placement or other type of issue, with the proposed issue date set for September 9, 2025. This issuance is expected to impact the company’s capital structure and could influence its market positioning by potentially increasing liquidity and funding for future projects.
More about EQ Resources Limited
EQ Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and supply of tungsten and other related minerals, catering to various industrial sectors.
Average Trading Volume: 3,642,949
Technical Sentiment Signal: Sell
Current Market Cap: A$126.8M
For an in-depth examination of EQR stock, go to TipRanks’ Overview page.