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Change to Significant Shareholder

27 Apr 2017 11:37

RNS Number : 5578D
W Resources PLC
27 April 2017
 

 

 

 

 

 

 

 

 

 

 

27 April 2017

 

 

 

 

 

W Resources Plc

("W" or the "Company")

 

 

Change to Significant Shareholder

W Resources Plc (AIM:WRES), a tungsten, copper and gold mining, exploration and development company announces that it received notification on 25 April 2017 from Mr Charles Scott that following a share disposal on 25 April 2017, he no longer has a notifiable interest in the Company.

Enquiries:

W Resources Plc

Michael Masterman

T: +44 (0) 20 7193 7463

www.wresources.co.uk

Grant Thornton UK LLP

Colin Aaronson / Harrison Clarke

T: +44 (0) 20 7383 5100

SI Capital - Broker

Andy Thacker / Nick Emerson

T: +44 (0) 1483 413500

www.sicapital.co.uk

Gable Communications

Justine James

T: +44 (0) 20 7193 7463

M: +44 (0) 7525 324431

 

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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