StockMarketWire.com - Spain and Portugal focused miner W Resources said it had drawn down a £500k tranche from its £4.0m Atlas Capital Markets convertible bond facility, which was secured on 30 March.

This convertible bond tranche had a 5% coupon and three-year term.

Atlas could convert the bond to W Resources shares by issuing a conversion notice.


At 9:28am: [LON:WRES] W Resources PLC share price was 0p at 0.15p



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