11th Mar 2016 07:58
LONDON (Alliance News) - Tungsten, copper and gold miner W Resources PLC on Friday said it has raised GBP750,000 through a share placing.
The company issued 166.7 million shares at 0.45 pence per share. Shares in the company closed at 0.47p on Thursday.
The firm will use the funds for mine and plant engineering works at its La Parrilla and Regua projects in Spain and for resource estimation at the Sao Martinho project in northern Portugal.
By Sam Unsted; [email protected]; @SamUAtAlliance
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