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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: 0.2474 GBX

AIM:WRES
Market: AIM
Market Cap: £16.58 m
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W Resources chairman updates on progress at key projects and answers...

W Resources (LON:WRES) chairman Michael Masterman answers shareholder questions following the company's virtual AGM today. Up for discussion were some of the challenges faced by COVID-19 on La Parrilla and development work at Régua as well as progress on the Sao Martinho resource and trial...

2 weeks ago

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