Brief: Wiluna Mining Corp Announces Non-Renounceable Entitlement Issue To Raise Up To A$84.5 Mln
23/05/2022 10:54
May 23 (Reuters) - Wiluna Mining Corporation Ltd WMC.AX :
* NON-RENOUNCEABLE ENTITLEMENT ISSUE OF 1 NEW SHARE FOR
EVERY 1
SHARE HELD TO RAISE UP TO A$84.5 MILLION
* STAGE 1 CONCENTRATOR RAMPING UP TO EXPECTATIONS AND
TARGETING
FULL PRODUCTION RUN RATE OF 110-120KOZPA BY 2022 END
* MATERIAL OPERATING COSTS SAVINGS IMPLEMENTED FROM MID-MAY,
WILL
BE AFFECTIVE TO BOTTOM LINE COMMENCING FROM JUNE
Source text for Eikon: ID:nASX4RQWCp
Further company coverage: WMC.AX
((Reuters.Briefs@thomsonreuters.com;))
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