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ChemX Materials Exits Administration After Creditor-Backed Restructuring
7:00am on Wednesday 10th of December, 2025 AEDT
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Materials
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ChemX Materials Exits Administration After Creditor-Backed Restructuring
7:00am on Wednesday 10th of December, 2025 AEDT
Key Points
Creditors approve Deeds of Company Arrangement (DOCAs) for ChemX and HiPurA
Benelong Capital Partners to assume control of ChemX with director replacements
HiPurA sold to Alluminous Pty Ltd for $2.2 million with full creditor repayments planned
No exploration activities conducted during the quarter
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Chemx Materials (ASX:CMX)
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