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EQ Resources Raises $18.8M to Power Tungsten Expansion and Debt Reduction

1:53am on Monday 2nd of June, 2025 AEST Mining
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EQ Resources Raises $18.8M to Power Tungsten Expansion and Debt Reduction

1:53am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $18.8 million via placement at $0.035 per share
  • Share Purchase Plan to raise up to $3 million on same terms
  • Conversion of $1.2 million loan into equity included
  • Oaktree Capital L.P. to participate pending regulatory approval
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