• Insolvency Insider Australia
  • Posts
  • Wiluna Mining Corporation: Administrators from FTI Consulting ink capital raising to pay 300-plus creditors

Wiluna Mining Corporation: Administrators from FTI Consulting ink capital raising to pay 300-plus creditors

Administrators John Park and Hayden White of FTI Consulting have announced a $37.2 million convertible note raising to fully fund repayments to more than 300 creditors of Wiluna Mining Corporation by year-end, marking a major breakthrough in the gold miner’s two-year administration and signalling renewed confidence in its restructuring amid surging gold prices.

More from The West Australian (subscription required).