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Tungsten recovery rates continue to improve and were around 50% during April, it said. Funds from the placing will also provide additional working capital to cover the ramp-up in production at La Parrilla. The AIM-quoted company raised £2.26mln before expenses through a placement of 28.3mln shares at 8p per share, a 13.5% discount to Friday’s closing price. Its chairman Michael Masterman also intends to participate and invest £250,000 on the same terms as the placing, once the company has published its accounts for 2020 and is no longer in a closed period, increasing the fundraising to around £2.5mln. W Resources plans to publish its accounts in the coming weeks.

La parrillaOscar marin garciaMichael mastermanIw resourcesMarin garciaSmall capsW resources plcOn wresலா பார்ரில்லாஆஸ்கார் மரின் கார்சியாமைக்கேல் மாஸ்டர்மேன்டப்ல்யூ வளங்கள்மரின் கார்சியாசிறிய தொப்பிகள்டப்ல்யூ வளங்கள் ப்ல்