Atlas Conversion Notice
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining and exploration company with assets in
Spain and
£100,000 of Convertible Bonds, the second tranche of the second
£500k tranche drawn from the
£4m facility. For the avoidance of doubt
£150,000 of Atlas Convertible Bonds remain outstanding.
W will issue 1,569,703 ordinary shares of 0.1p per share ("Ordinary Shares") at a conversion price of 6.4392p per Ordinary Share. This includes an element of accrued interest.
Settlement and Dealings
Application will be made for the admission trading on AIM of the 1,569,703 Ordinary Shares ("Admission"), which is expected on or around