Wolf Minerals LTD (ASX:WLF)(LON:WLFE) is continuing discussions with what it calls its “key financial stakeholders” and expects to conclude those discussions this week.
The aim is to provide a longer-term funding solution ahead of the expiry of a standstill period on its existing debt, due on 28 October 2018.
READ: Turnaround plan at Wolf Minerals proceeding apace
However, Wolf also cautioned that should it not be able successfully to conclude its discussions with its stakeholders within the next two days, it will not be in a position to meet its short-term working capital requirements after that point in time.
Wolf’s shares remain suspended from trading on ASX, pending the release of annual financial statements.