WRES W Resources Plc

TIDMWRES

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               Grant Thornton UK LLP 
  Michael Masterman             Colin Aaronson / Harrison 
  T: +44 (0) 20 7193 7463       Clarke 
  www.wresources.co.uk          T: +44 (0) 20 7383 5100 
 SI Capital - Broker           Gable Communications 
  Andy Thacker / Nick Emerson   Justine James 
  T: +44 (0) 1483 413500        T: +44 (0) 20 7193 7463 
  www.sicapital.co.uk           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

END

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April 27, 2017 06:37 ET (10:37 GMT)

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