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26 Aug 2015 14:49
26 August 2015
W Resources Plc
("W" or the "Company")
Changes to Significant Shareholders
W Resources Plc (AIM:WRES), a tungsten, copper and gold mining, exploration, development and production company announces that it received notification today from Mr Charles Scott that following share purchases today, in aggregate he holds 112,400,760 W Resources ordinary shares of 0.1p each, equivalent to 3.15 percent of the voting rights in the Company.
Further information on the Company is available at http://www.wresources.co.uk/category/investors/shareholder-information/
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About W
In 2012, W Resources Plc (AIM:WRES) made the successful transition into a tungsten production exploration and development company with projects in Spain and Portugal, following two acquisitions. Projects now include La Parrilla, a tungsten project in Spain and Régua and Tarouca Tungsten projects and the Portalegre copper-gold project in Portugal.
The Company's deposits and tungsten mine developments offer a low cost, high margin resource development opportunity due to a strong market following for Tungsten, increased trading and a forecast shortage of supply. The price of tungsten has more than doubled in past three years and is in the top 5 critical metals list.
The Board is focused to explore further opportunities in the region with a view to building a mid-tier minor metal producer.
The Company was incorporated in England and Wales in 2004.
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