W Resources PLC Executive Director and CFO Appointment (6516F)

TIDMWRES

RNS Number : 6516F

W Resources PLC

18 November 2020

18 November 2020

W Resources Plc

("W" or the "Company")

Executive Director and CFO Appointment

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining company with assets in Spain and Portugal, is pleased to announce that Pablo Neira, Non Executive Director has been appointed Executive Director with a specific focus on overseeing the La Parrilla tungsten and tin project in Spain.

Pablo, who was appointed Non Executive Director in September 2018, is based in Spain and now leads the team at La Parrilla in Spain, as Managing Director. He has more than 32 years of industrial manufacturing experience, half of them in public listed companies.

In addition, as part of the strengthening of the W Resources management team, Paul Hailes has been appointed Chief Financial Officer, a non board appointment, working on a part time basis. Paul brings extensive capital markets, financial and commercial experience to the team, having previously held the role of Group Finance Director of AIM quoted Immunodiagnostic Systems plc and Non-Executive Director at Utilitywise plc.

Michael Masterman, Chairman of W Resources, commented : "Since his appointment in 2018, Pablo has been a great asset to the team. Being based in Spain has been a major advantage operationally and he has now taken the helm at La Parrilla, where his leadership has already had a tangible impact on performance and productivity.

"I am also pleased to welcome Paul to the management team. Paul brings strong capital markets experience and strengthens the team as we move into our next stage of growth."

Enquiries:

 
 W Resources Plc                  Grant Thornton UK LLP 
  Michael Masterman                Colin Aaronson / Seamus Fricker 
  c/o Alma PR                      T: [phone] 
  www.wresources.com 
 Joint Broker                     Joint Broker 
  Turner Pope Investments (TPI)    Alternative Resource Capital / 
  Ltd                              Shard Capital 
  Andy Thacker / Zoe Alexander     Alex Wood 
  T: [phone]          T:[phone] 
  www.turnerpope.com               www.altrescap.com 
                                   Damon Heath 
                                   T:[phone] 
                                   www.shardcapital.com 
 Alma PR 
  Justine James 
  T: [phone] 
  M: [phone] 
  [e-mail] 
 

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November 18, 2020 02:00 ET (07:00 GMT)