WRES W Resources Plc

TIDMWRES

RNS Number : 1918C

W Resources PLC

18 February 2022

18 February 2022

W Resources Plc

("W" or the "Company")

Finance Update

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to provide an update on the fund raise referred to in its announcement of 15 February 2022. The Company announces that discussions regarding the fund raise, which is expected to be in the form of debt are at a very advanced stage and the Company expects to complete the fund raise early next week. Further announcements will follow as appropriate.

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries:

 
 W Resources Plc                   Grant Thornton UK LLP 
  Paul Hailes                       Colin Aaronson / Harrison Clarke 
  investor@wresources.com           / Samuel Littler 
  www.wresources.com                T: +44 (0) 20 7383 5100 
 Broker                            Damon Heath 
  Alternative Resource Capital /    T:+44 (0) 207 186 9952 
  Shard Capital                     www.shardcapital.com 
  Alex Wood 
  T:+44 (0) 207 186 9004 
  www.altrescap.com 
 Alma PR 
  Justine James 
  M: +44 (0) 7525 324431 
  wres@almapr.co.uk 
 

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February 18, 2022 12:30 ET (17:30 GMT)

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