Wiluna Clears Secured Debt After Repaying Approximately $40 Million Loan
Closing price · 2026-10-26: $0.465 · -6.06%
Wiluna Mining says it has repaid its remaining secured loan of approximately $40 million using IPO proceeds, leaving it with no outstanding secured debt or borrowings after convertible notes were converted into shares. The company plans to use IPO funds over the next two years for underground and surface drilling, technical studies and infrastructure work intended to support potential mine restarts.