18th Feb 2022 17:30
18 February 2022
W Resources Plc
("W" or the "Company")
Finance Update
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to provide an update on the fund raise referred to in its announcement of 15 February 2022. The Company announces that discussions regarding the fund raise, which is expected to be in the form of debt are at a very advanced stage and the Company expects to complete the fund raise early next week. Further announcements will follow as appropriate.
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
W Resources Plc Paul Hailes www.wresources.com | Grant Thornton UK LLP Colin Aaronson / Harrison Clarke / Samuel Littler T: +44 (0) 20 7383 5100 |
Broker Alternative Resource Capital / Shard Capital Alex Wood T:+44 (0) 207 186 9004 www.altrescap.com | Damon Heath T:+44 (0) 207 186 9952 www.shardcapital.com |
Alma PR Justine James M: +44 (0) 7525 324431 |
Related Shares:
WRES.L