17 Sep 2014 11:01
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Don't have an account? Click here to register.W Resources raises £1m in placing
Tue, 01st Nov 2016 14:48
(ShareCast News) - Iberian Peninsula-focused tungsten, copper and gold, production, exploration and development company W Resources announced on Tuesday it has completed a placement of 192,307,693 ordinary shares of 0.1p per share at 0.52p per ordinary share to raise £1m before expenses, to new and existing shareholders and a director of W.The AIM-traded firm said application has been made for the new ordinary shares being issued to be admitted to trading on AIM, which is expected to occur on or around 7 November.It said the funds raised will be used to expand production capacity at La Parrilla, complete gold drilling at the highly prospective São Martinho gold deposit and general working capital."Following the issue of all new ordinary shares, the company will have 4,360,495,974 ordinary shares in issue and Michael Masterman - and related parties - will be interested in 993,684,698 ordinary shares in the company, representing 22.79 per cent of the company's total voting rights," the board confirmed in a statement.
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14 Aug 2014 09:39
Thursday broker round-up UPDATE
Admiral Group: Deutsche Bank reduces target price from 1330p to 1260p and maintains a hold recommendation. Balfour Beatty: Deutsche Bank lowers target price from 250p to 245p keeping its hold recommendation. Betfair: Jefferies raises target price from 1175p to 1230p maintaining a buy recommendatio
Read more11 Aug 2014 08:51
29 Jul 2014 13:11
28 Jul 2014 09:47
13 May 2014 14:26
W Resources Completes Placing To Raise GBP776,000
LONDON (Alliance News) - W Resources PLC Tuesday said it has completed a placing of 97 million shares at 0.80 pence per share to raise roughly GBP776,000. The tungsten and gold exploration and development company, with assets in Spain and Portugal, said it will use the funds from the placin
Read more24 Apr 2014 12:46
W Resources Pretax Loss Narrows As First Tungsten Production Closes In
LONDON (Alliance News) - W Resources PLC Thursday said its pretax loss narrowed in 2013 as charges and expenses fell at the company in its development towards first tungsten production. The tungsten and gold exploration and development company, with assets in Spain and Portugal, said its pr
Read more17 Apr 2014 09:03
W Resources Finds Encouraging Gold, Copper Values In Portalegre Rocks
LONDON (Alliance News) - W Resources PLC Thursday said rock sampling from the Crato Assumar Arronches area of its Portalegre gold project in Portugal has identified a number of encouraging copper-gold surface values, and it will now widen the focus of its targets. The tungsten and gold expl
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