EQR Progressing on Saloro Acquisition & Placement Update
Filed with ASX · · 2 pages · English
Summary by 6ix AI
EQ Resources Limited is progressing with the acquisition of Saloro S.L.U. and a placement with Oaktree Capital Management, as reported in the filing. The company has satisfied certain conditions precedent for the acquisition and is awaiting formal confirmation from a Spanish bank to close the transaction. The placement involves a significant investment, with proceeds already received, pending share issuance. An update will be provided once the transaction is formally closed.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from EQ Resources
- FIRB Approval received for Oaktree Investment in EQR
- EQR Receives Spanish Foreign Investment Approval
- Quarterly Activities and Cash Flow Report September 2023
- EQ Resources set to boost tungsten portfolio
- Strategic Partner Cronimet Joins EQR Register
Later from EQ Resources
- EQR Completes Acquisition of Saloro S.L.U & $25m Placement
- Quarterly Activities and Cash Flow Report December 2023
- Saloro adds resources to EQR's in-situ resource inventory
- Saloro XRT Sorting Performance Update
- Equipment received for doubling of thoroughput capacity
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