TIDMWRES

RNS Number : 0668Z

W Resources PLC

08 January 2020

8 January 2020

W Resources Plc

("W" or the "Company")

Non-Executive Director Appointment

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to announce the appointment of Mr Oscar Marin Garcia as a Non-Executive Director of the Company with immediate effect.

Oscar Marin Garcia has over 20 years' experience, specialising in retail business in the Extremadura region of Spain and managing family office investments. He is co-founder and CEO of Lider Aliment, SA, a EUR200m sales family owned company. Prior to Lider Aliment, Oscar was a Regional Finance Director for Western Europe of Procter & Gamble in Geneva, Switzerland. He holds a Bachelor of Law and a Bachelor of Economics from ICADE - Comillas Pontifical University in Madrid, Spain and a Master of Business Administration degree from San Telmo Business School in Seville, Spain.

Oscar Marin Garcia has a beneficial interest in 114,655,600 Ordinary Shares, representing approximately 1.8 per cent. of the issued Ordinary Share Capital of the Company.

Michael Masterman, Chairman of W Resources, commented: "We are delighted to have Oscar Marin Garcia join the Board of W Resources. He will contribute strongly to our growth and success, in particular in further strengthening our relations with key stakeholders in Spain and in the Extremadura region".

 
 Oscar Marin Garcia, aged 43, is or was a director of the following 
  companies during the last five years: 
 Current directorships                 Previous directorships 
                                       *    None 
    *    Lider Ailment, SA 
 

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

Enquiries:

 
 W Resources Plc                      Grant Thornton UK LLP 
  Michael Masterman                    Colin Aaronson / Seamus Fricker 
  T: +44 (0) 20 7193 7463              T: +44 (0) 20 7383 5100 
  www.wresources.com 
 Joint Broker                         Joint Broker 
  Turner Pope Investments (TPI) Ltd    Alternative Resource Capital / 
  Andy Thacker                         Shard Capital 
  T: +44 (0) 203 657 0050              Alex Wood 
  www.turnerpope.com                   T:+44 (0) 207 186 9004 
                                       www.altrescap.com 
 
                                       Damon Heath 
                                       T:+44 (0) 207 186 9952 
                                       www.shardcapital.com 
 Alma PR 
  Justine James 
  M: +44 (0) 7525 324431 
  wres@almapr.co.uk 
 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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January 08, 2020 02:00 ET (07:00 GMT)

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