Release of Shares from Voluntary Escrow
Released
Released
Announcement PDF
resourcing the new economy for a better tomorrow
13 January 2025
RELEASE OF SHARES FROM VOLUNTARY ESCROW
EQ Resources Limited (“EQR” or “the Company”) advises that in accordance with ASX Listing Rule 3.10A,
the following securities detailed in the table below are to be released from voluntary escrow. These shares
represent Oaktree Capital Management’s $25 million investment in EQR as announced on 10 August 2023.
Oaktree’s investment was announced alongside the company’s acquisition of leading European tungsten
producer Saloro S.L.U., located in the Spanish Province of Salamanca in Spain.
Number and Class of Security
Escrow Release Date
278,000,000 Fully Paid Ordinary Shares
18 January 2025
This announcement was authorised for release by the Company’s Company Secretary, Ms Melanie Leydin.
Further Enquiries:
Peter Taylor
Investor Relations
0412 036 231
peter@nwrcommunications.com.au
About the Company
EQ Resources Limited is a leading tungsten mining company dedicated to sustainable mining and processing
practices. The Company is listed on the Australian Securities Exchange, with a focus on expanding its worldclass tungsten assets at Mt Carbine in North Queensland (Australia) and at Barruecopardo in the Salamanca
Province (Spain). The Company leverages advanced minerals processing technology and unexploited
resources across multiple jurisdictions, with the aim of being a globally leading supplier of the critical mineral,
tungsten. While the Company also holds gold exploration licences in New South Wales (Australia), it aims to
create shareholder value through the exploration and development of its current project portfolio whilst
continuing to evaluate corporate and exploration opportunities within the new economy and critical minerals
sector globally.
Follow us:
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
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