Aim-listed W Resources is making progress with arranging financing to continue the pace of development at its La Parrilla mine, in Spain, stating on Friday that it was in “advanced stages” of finalising the facilities.
The company announced on September 16 that it had raised €1-million from two Spanish investors and said, at the time, that it would need additional funding to maintain the pace at which the La Parilla mine was being developed, with interest having been received from debt and Spanish equity providers.