Latest Bankruptcy News

Ovanti Limited is reshaping its future with a strategic shift from its BNPL roots to a global financial Super App, exiting legacy US operations to focus on innovation and international expansion.

White Energy’s subsidiary has agreed to sell key Kentucky coal assets for USD 3.8 million, marking a significant step in recovering outstanding debts from a bankrupt former subsidiary.

Jindalee Lithium has secured US government approval for its McDermitt Lithium Project’s exploration plan, reported strong drilling results, and extended exclusivity on a US SPAC listing valued at US$500 million.

Ryzon Materials Ltd has lodged a prospectus to raise up to $10 million through a share placement with free-attaching options, aiming to meet ASX conditions for lifting its securities suspension and advancing its Nachu graphite project.

White Energy Company Limited has kicked off core drilling at its Specimen Hill Project in Queensland while continuing extensive geochemical exploration at its Tindal Project in the Northern Territory. Meanwhile, its innovative Binderless Coal Briquetting technology is progressing through commercial trials in South Africa.

DigitalX Limited has responded to a detailed ASX query regarding its Solana staking yields, exclusive validator agreements, and governance disclosures involving key personnel. The company defends its commercial decisions and compliance amid scrutiny over related party transactions and securities trading.

Magnis Energy Technologies progresses detailed engineering on its Nachu Graphite Project and moves to fast track US anode material production, while navigating ASX suspension and IM3NY bankruptcy fallout.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.

White Energy Company Limited reports significant progress in its Australian mineral exploration projects and binderless coal briquetting technology, while navigating financial challenges linked to past operations.

Magnis Energy Technologies reports ongoing progress on its Nachu Graphite Project while grappling with Imperium3’s bankruptcy and a prolonged ASX trading suspension.

Jervois Global Limited has entered a pivotal recapitalization agreement with Millstreet Capital Management, involving a US$145 million equity injection and a pre-packaged Chapter 11 bankruptcy process. The company aims to strengthen its balance sheet and continue operations uninterrupted while preparing for a strategic restart of its nickel-cobalt refinery in Brazil.