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W Resources secures additional $5mln funding as it pushes ahead with La Parrilla production ramp-up

W Resources PLC's (LON:WRES) Michael Masterman details an increase which has been agreed to its existing loan facility with Blackrock.

They're to provide an additional US$5mln with no warrants attached. 

Masterman adds La Parrilla is now fully up and running on a 24-hour basis producing tungsten concentrate in line with shipment specifications.

Quick facts: W Resources PLC

Price: 0.155 GBX

AIM:WRES
Market: AIM
Market Cap: £10.39 m
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W Resources chairman: La Parrilla well positioned now for a 'very good June...

W Resources PLC's (LON:WRES) Michael Masterman tells Proactive London's Andrew Scott the first quarter of 2020 presented a few challenges with the virus and subsequent lockdowns but they're now well placed for what he's hoping will be a very good June quarter. He says production from the La...

on 22/4/20

2 min read