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EQ Resources Secures A$4 Million to Boost Mt Carbine Tungsten Output

8:39am on Monday 7th of July, 2025 AEST Mining
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EQ Resources Secures A$4 Million to Boost Mt Carbine Tungsten Output

8:39am on Monday 7th of July, 2025 AEST
Key Points
  • A$4 million placement at $0.035 per share with strong institutional support
  • Funds to be used for expansion and optimization projects at Mt Carbine
  • Placement complements prior capital raises totaling A$20.6 million in 2025
  • New shares expected to be issued on 11 July 2025
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