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

Published: 13:00 19 Feb 2020 GMT

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.

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