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W Resources chairman at La Parrilla to update on grant funding and new loan

W Resources PLC's (LON:WRES) chairman Michael Masterman gives a progress report on developments at both its flagship project La Parrilla in Spain and Régua in northern Portugal.

This week WRES announced its put in place a €5mln facility with Banco Santander. It's to allow them to monetise the majority of the €5.3mln grant from Junta de Extremadura Government, which the company had expected to receive in the first quarter of 2020.

Quick facts: W Resources PLC

Price: 0.145 GBX

AIM:WRES
Market: AIM
Market Cap: £9.72 m
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