By Digifin Pty Ltd · About this coverage
Key Points
- Settlement deed signed with AIM, Milan Jerkovic, former administrators, Creditors' Trust trustees and FTI
- Settles four court matters without admission, with each party bearing its own costs
- Supreme Court proceedings had been listed for a final hearing on 23 November 2026
- The release does not state whether any payment is made under the settlement
About Wiluna Mining (ASX:WMC)
Wiluna Mining Corporation Limited is an ASX-listed gold company headquartered in Perth. It owns the Wiluna Gold Project in the Northern Goldfields of Western Australia.
Wiluna Mining (ASX:WMC) has signed a settlement deed resolving litigation with AIM Mining Corporation, Milan Jerkovic and its former administrators, ending a Supreme Court case that was listed for a final hearing on 23 November 2026.
The Deed of Settlement and Release is between Wiluna and its subsidiaries, AIM, Mr Jerkovic, the company's former administrators and deed administrators, the trustees of the Wiluna Creditors' Trust and FTI Consulting (Australia) Pty Ltd. It settles four matters without admission and in full and final settlement, with each party bearing its own costs: proceedings brought by Mr Jerkovic in the Supreme Court of Western Australia, residual costs issues in two further Supreme Court proceedings brought by the former administrators and by AIM, and Federal Court of Australia proceedings brought by AIM over Wiluna's extraordinary general meeting held on 15 May 2026. Managing Director Victor Rajasooriar says the Board considers the settlement to be in the best interests of the company and its shareholders.
The release does not state whether any payment is made under the settlement or the legal costs incurred to date, and it gives no update on the Wiluna Gold Project.
Source: Wiluna Mining Corporation Limited (ASX:WMC), 3 November 2026. Summary content supplied by Digifin Pty Ltd.
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