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EQX – Equatorial Resources Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Equatorial Resources Limited is an Australia-based iron ore exploration and development company. The Company is focused on sustainable development in all its operations, supporting communities and contributing to the development of the Republic of Congo. The Company is also focused on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. The Company’s projects include Badondo Iron Ore Project and Mayoko-Moussondji Iron Ore Project. The Company operates the Badondo Iron Ore Project through its subsidiary, Congo Mining Exploration Ltd SARL (CME). The Badondo Iron Ore Project is located in the northwest region of the Republic of Congo. It is focused on targeting direct shipping ore (DSO) hematite at Badondo. The Company’s Mayoko-Moussondji iron ore project, which is located in the southwest region of the Republic of Congo.

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