WRES W Resources Plc

TIDMWRES

RNS Number : 6856C

W Resources PLC

24 February 2022

24 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, announces that discussions regarding the recently announced fund raise, which is expected to be in the form of debt, are progressing well with the documentation being finalised and the Company expects to announce details of the successful fund raise in the next few days.

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                   Grant Thornton UK LLP 
  Paul Hailes                       Colin Aaronson / Harrison Clarke 
  investor@wresources.com           / Samuel Littler 
  www.wresources.com                T: +44 (0) 20 7383 5100 
 Broker                            Damon Heath 
  Alternative Resource Capital /    T:+44 (0) 207 186 9952 
  Shard Capital                     www.shardcapital.com 
  Alex Wood 
  T:+44 (0) 207 186 9004 
  www.altrescap.com 
 Alma PR 
  Justine James 
  M: +44 (0) 7525 324431 
  wres@almapr.co.uk 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDEADALADNAEEA

(END) Dow Jones Newswires

February 24, 2022 02:01 ET (07:01 GMT)

W Resources (LSE:WRES)
Historical Stock Chart
From Apr 2024 to May 2024

W Resources (LSE:WRES)
Historical Stock Chart
From May 2023 to May 2024