- W Resources said it has placed 240,000,000 ordinary shares at 0.375p each to raise £900,000 .

The company expects that a party connected with one of its directors, Michael Masterman, will subscribe for more shares to provide a further £100,000 within the next few days.

At 9:51am: [LON:WRES] W Resources PLC share price was -0.02p at 0.4p

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