EQ Resources to Seek US Listing in 2027; Shares Advance 12%

MT Newswires Live

07/29

EQ Resources (ASX:EQR) said it plans to seek a US listing on either Nasdaq or the New York Stock Exchange in 2027 to broaden its access to institutional investors, according to a Wednesday filing with the Australian bourse.

The plan "follows a clear change in the composition of the company's share register towards US investors," EQ Resources said, adding that a US listing would improve its market visibility and support engagement with US customers.

The company is engaging specialist advisers to help with the process and will retain a primary listing in Australia, per the filing.

EQ Resources shares advanced 12% in recent Wednesday trade.

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