Twice-bankrupt mining entrepreneur David Catsoulis’s company Warwick Gold Holdings racked up more than $10m in debts while it was already insolvent, a liquidator’s report says.
Warwick, which was promoting projects in Queensland and Papua New Guinea it said were worth trillions of dollars, remains in liquidation, but Mr Catsoulis and his associates are seeking to raise $US30m of new capital in a company called RTI Mining, over largely the same assets.
The RTI document, which is…
