11 Oct 2021 07:00
11 October 2021
W Resources Plc
("W" or the "Company")
Appointment of Non-executive Director
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining and exploration company with assets in Spain and Portugal, is pleased to announce the appointment of Mr Ismael Cabanillas Verde to the Board of the Company as a Non-executive Director with immediate effect.
Mr Cabanillas Verde is an experienced professional having spent almost 20 years in different companies and sectors. He spent more than nine years at Sistemas de Automatismo y Control S.A ("Saconsa") where he worked as General Manager. Saconsa is a subsidiary company of Grupo Joca, one of the leading civil work and real estate construction companies in the southwest of Spain. During this time, the company grew its business within existing markets and developed new markets and sectors. Saconsa's main areas of business are electrical installations & automation, the management of Operations and Maintenance (O&M) in industrial processes, renewable energy and waste-water plants.
Most recently, during the last 7 years, Mr Cabanillas Verde was the CEO of Masusin4, S.L. which owns a group of companies dedicated to production and international trading in the agri-food industry sector, engineering, biotechnology and renewable energy.
Mr Cabanillas Verde holds a MEng in Telecommunications from University of Seville and completed the Business Administration Program (PIDE) at the San Telmo Business School, Seville.
Chairman of W, Michael Masterman commented: "We are delighted to welcome Ismael Cabanillas Verde to the Board. He has a wealth of experience in the Spanish business environment which will enhance and strengthen the Board. Ismael joins the Company at an exciting and pivotal time in our development and we are confident he will contribute to our growth."
Ismael Cabanillas Verde commented: "I am very excited and proud to join the W Resources Board as well as to be able to contribute all my experience and knowledge towards the future development of the Company".
Further regulatory Information in relation to the appointment of Ismael Cabanillas Verde
Full name: | Ismael Cabanillas Verde |
Age: | 45 years |
Current directorships or partnerships: | Biotech Activities SL Bamasa Engineering SL Caver Explotaciones Y Servicios SL Masusin 4 SL Premierfruit SL |
Former directorships or partnerships (previous 5 years): | Eden Fresh SL |
Ordinary shares held in the Company (as at 8 October 2021) | Mr Cabanillas Verde has 526,667 ordinary shares in the Company. |
There is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Enquiries:
W Resources Plc Paul Hailes investor@wresources.com www.wresources.com | Grant Thornton UK LLP Colin Aaronson / Harrison Clarke / Lukas Girzadas 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 wres@almapr.co.uk
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WRES.L (WRES)