W Resources receives grant from Spanish government

Mon, 10th May 2021

Tungsten miner W Resources said it received a grant from the Spanish government of €5.2 million. The Grant from the Junta de Extremadura Government was initially awarded in March 2018 for the sum of €5.3 million. It had, subject to one amendment, been paid and total proceeds of €5.2 million had now been received as settlement in full. W Resources had in February received a €5 million loan from Santander to monetise the grant and that debt had now been repaid. At 9:46am: (LON:WRES) W Resources PLC share price was 0p at 0.12p Story provided by StockMarketWire.com

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