Troubled Wiluna faces capital crunch 

AFTER a fortnight in a trading halt, Western Australian gold miner Wiluna Mining says it needs to keep its shares on ice at least until late June as it finalises its latest recapitalisation proposal to stave off a capital crunch.

Troubled Wiluna faces capital crunch  Troubled Wiluna faces capital crunch  Troubled Wiluna faces capital crunch  Troubled Wiluna faces capital crunch  Troubled Wiluna faces capital crunch 

Wiluna is chasing for both gold and cash to keep the wolf from its door

WMC, which last traded on May 6 near a multi-year low of A56c, has been working on a capital raising plan, but has asked the ASX for more time for a life-saving recapitalisation plan that is vital to

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