Latest Administration News

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.

Clarity Pharmaceuticals has secured positive FDA guidance to initiate a pivotal Phase III trial of its Cu-64 SARTATE diagnostic agent for neuroendocrine tumours, aiming to improve detection and patient outcomes.

Eminence Minerals has concluded its Supreme Court hearing challenging the recognition of two Aboriginal heritage sites on its Hamersley Iron Ore Project land, with a court decision expected in early 2026.

Assetora Limited has obtained a Supreme Court injunction restraining external receivers, allowing its directors to maintain control while agreeing on payments to noteholders.

Sarytogan Graphite Limited updates investors on its $5 million capital raising, highlighting regulatory approval delays but confirming near-term funding to advance its key graphite project.

PYC Therapeutics reports positive safety outcomes from the initial phase of its clinical trial for PYC-003, a promising treatment for Polycystic Kidney Disease. The drug was well tolerated in healthy volunteers, paving the way for patient dosing and further trials.

Epsilon Healthcare Limited has unveiled a comprehensive pre-reinstatement disclosure, highlighting improved financial health and a strategic growth plan focused on operational stability and expansion.

Mineral Commodities Limited and key subsidiaries have entered voluntary administration, with McGrathNicol appointed to explore sale or recapitalisation options. The Skaland Graphite mine operations in Norway remain unaffected, but shares are suspended pending creditor meetings.

EPX Limited has secured Wattwatchers Pty Limited through a Deed of Company Arrangement, backed by a $2.14 million placement and a Share Purchase Plan to raise additional funds. This strategic move enhances EPX’s energy monitoring capabilities and recurring revenue streams.

American West Metals is set to launch a major drilling campaign at its West Desert Project in Utah, aiming to expand its world-class indium resource and explore high-grade gallium mineralisation. This initiative aligns closely with the US government's renewed focus on securing domestic critical metals supply chains.

Assetora Limited has appointed external administrators following a contested debt claim by SILC, signaling a complex financial and legal standoff. The company disputes the debt but is prepared to pay to avoid further costs while continuing to challenge the claim.

Receivers and administrators have been appointed to 54 pharmacies within the Infinity Retail Pharmacy Group, catching Paragon Care off guard despite ongoing debt restructuring talks. The company pledges to support an orderly resolution to maximise creditor returns.