Announcement PDF resourcing the new economy for a better tomorrow 5 July 2023 RETRACTION OF STATEMENT IN MEDIA ARTICLE EQ Resources Limited (“EQR” or “the Company”) refers to an article dated 4 July 2023 published by The Cairns Post (“Article”). The Article quotes the Company’s Chief Executive Officer as making the following statement in relation to the Mt Carbine mine (“Statement”): “EQ Resources chief executive Kevin MacNeill says there is potentially $3bn in tungsten at the Mt Carbine mine, which is the only producing tungsten mine in Australia.” Investors should disregard the Statement published in the Article which does not comply with the disclosures required by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Investors are advised not to make any investment decisions based on the Statement. This announcement has been authorised for release by the Company Secretary. Released on behalf of the Board by: Melanie Leydin Company Secretary EQ Resources Limited Further Enquiries: Peter Taylor Investor Relations 0412 036 231 peter@nwrcommuniciations.com.au About the Company EQ Resources Limited is an ASX-listed company transforming its world-class tungsten assets at Mt Carbine in North Queensland; leveraging advanced technology, historical stockpiles and unexploited resource with the aim of being the preeminent tungsten producer in Australia. The Company also holds gold exploration licences in New South Wales. The Company aims to create shareholder value through the exploration and development of its current portfolio whilst continuing to evaluate corporate and exploration opportunities within the new economy and critical minerals sector. Follow us: REGISTERED OFFICE: Level 4, 100 Albert Road, South Melbourne, VIC 3205 PRINCIPAL PLACE OF BUSINESS: 6888 Mulligan Highway, Mt Carbine Qld 4871 POSTAL ADDRESS: PO Box 1496, Mareeba Qld 4880 ABN: 77 115 009 106 (ASX: EQR) T: (07) 4094 3072 | F: (07) 4094 3036 | W: eqresources.com.au