MANAGEMENT

ASIC sues Wiluna over stock issue to mystery Russian investor

Two former executives also facing civil penalty proceedings

ASIC is seeking declarations of contravention against Wiluna.

ASIC is seeking declarations of contravention against Wiluna. | Credits: Wiluna Mining

Australia's financial watchdog has launched civil proceedings against Wiluna Mining and two senior executives over a capital raise that went awry in June 2022. According to ASIC, Wiluna – along with...

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