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How EQ Resources’ $22.5M Placement Fuels Mt Carbine’s Next Growth Phase
9:45am on Wednesday 3rd of September, 2025 AEST
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How EQ Resources’ $22.5M Placement Fuels Mt Carbine’s Next Growth Phase
9:45am on Wednesday 3rd of September, 2025 AEST
Key Points
Completed $22.5 million placement at $0.032 per share
Issued 703.125 million new shares with an 11.3% discount to VWAP
Proceeds to fund Mt Carbine growth, debt restructuring, and working capital
Additional 132.879 million shares pending shareholder approval at October EGM
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Eq Resources (ASX:EQR)
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