EQR 1.72% 5.7¢ eq resources limited

Great news!Highlights:- EQR acquires CRONIMET’s 50% joint...

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  1. 946 Posts.
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    Great news!

    Highlights:
    - EQR acquires CRONIMET’s 50% joint venture interest in the Mt Carbine Tungsten Operation
    - As part of the transaction, EQR to issue new ordinary shares at A$0.09 per share (representing a
    ~30% premium to the 15 days VWAP) to CRONIMET, equal to a total of USD 7.5 million
    - EQR assumes all offtake obligations for concentrate supply from Mt Carbine to CRONIMET,
    additionally CRONIMET to become the marketing partner for potential future Saloro production*
 
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5.7¢
Change
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Mkt cap ! $127.5M
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5.8¢ 5.8¢ 5.7¢ $1.994K 34.52K

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