22 Sep 2016 08:27
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Don't have an account? Click here to register.W Resources completes placing as Chairman takes biggest chunk
Wed, 30th Jan 2013 13:56
W Resources, a tungsten and gold exploration and development company with assets in Spain and Portugal, has completed the placing of around 122.64m shares at 0.7p each to provide 'critical' financing in order to progress with the La Parrilla tailings development. The £858,500 raised will also be used for general working capital purposes.Those investors placing the shares include the Chairman of the group, Michael Masterman, who subscribed for just under 14.29m shares, totalling £0.1m. As such, he is now interested in 742.84m shares, equal to an interest of 43.58% of the total voting rights.The share price rose 6.17% to 1.29p by 13:55.NR
More News
17 Aug 2016 14:52
W Resources raises £0.6m in placing
(ShareCast News) - Tungsten, copper and gold exploration and development company W Resources announced on Wednesday it has completed a placement of 171,428,569 ordinary shares of 0.1p per share, at a price of 0.35p per ordinary share to raise approximately £0.6m before expenses, to existing sharehol
Read more9 Jun 2016 12:53
W Resources confirms São Martinho maiden total gold resource
(ShareCast News) - W Resource's shares are up more than 3% after it confirmed the maiden total resource at the São Martinho Gold Deposit was 3Mt at 1.04g/t of the yellow metal, or 111,987 ounces. The JORC-compliant estimate was carried out by Golder Associates. The São Martinho Gold Deposit forms pa
Read more18 Apr 2016 15:56
W Resources reveals strong results from La Parrilla
(ShareCast News) - Tungsten, copper and gold exploration and development company W Resources revealed strong metal recovery results for its La Parrilla Fast Track Mine in Spain on Monday, from extensive test work conducted over the last quarter. The AIM-traded firm said the results confirmed that th
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