viewWolf Minerals Limited

Wolf Minerals says funding talks ongoing as production reliability improves

Wolf said work to secure funding to provide it with further capital to progress future initiatives was well underway

The tungsten produced by Wolf is used in a range of industrial, mining and agricultural applications

Wolf Minerals Limited (LON:WLFE) said it was still working on securing long-term financing and had made good progress on its production reliability in recent months.

The producer of speciality metals also said it had deferred the publication of its annual results statement as further progress was required to finalise their audit.

READ: Wolf Minerals recovers operating strength following March freeze as it seeks new funds

The tungsten specialist now has until the end of 2018 to issue its annual report.

Wolf said work was also currently underway on longer-term funding solutions to provide the company with capital to progress its future enhancement initiatives to optimise production. It added that it would keep the market abreast of any future developments.

The company also said it had made significant advances in the reliability of its production and profile.

Shares in Wolf were 14.6% down at 1.75p in early trade.

Quick facts: Wolf Minerals Limited

Price: - -

Market: ASX
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Wolf Minerals Limited named herein, including the promotion by the Company of Wolf Minerals Limited in any Content on the Site, the Company...


Demise of Wolf Minerals Ltd 'a blow for UK mining' - Alastair Ford

Mining Capital's Alastair Ford discusses the collapse this week of Wolf Minerals Limited (LON:WLFE) (ASX:WLF). Ford says what really did it for Wolf was simply that the economics of production at Hemerdon never really stacked up. He adds that its major investor RCF will now be staring...

on 12/10/18

2 min read