EQR Receives Spanish Foreign Investment Approval
Filed with ASX · · 2 pages · English
Summary by 6ix AI
EQ Resources Limited has received approval from the Spanish Ministerial Council for its acquisition of Saloro S.L.U., which owns the Barruecopardo tungsten mine in Spain, marking a significant milestone in the transaction process. This approval follows a positive clearance from the Spanish antitrust agency and is a condition precedent for the purchase from Oaktree Capital. The company is also working on optimizing the processing plant at Barruecopardo and updating resource statements in line with the latest standards.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
In the deck
Earlier from EQ Resources
- Quarterly Activities and Cash Flow Report September 2023
- EQ Resources set to boost tungsten portfolio
- Strategic Partner Cronimet Joins EQR Register
- Brownfield discovery at Ruby & Eastern Extension
- EQR acquires Tungsten Producer and Secures $25M Funding
Later from EQ Resources
- FIRB Approval received for Oaktree Investment in EQR
- EQR Progressing on Saloro Acquisition & Placement Update
- 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
Follow EQ Resources into a list and get an email when it puts out news.
Follow EQ Resources