Latest Corporate Debt Restructuring News

Globe Metals & Mining has issued over 56 million shares to Director Bo Tan, settling nearly all of an outstanding loan and achieving a fully debt-free status. This financial milestone positions the company strongly for advancing its Kanyika Niobium Project.

Eden Innovations has completed the sale of its Georgia property for US$5 million, using the proceeds to significantly reduce its debt and edge closer to completing its financial reconstruction.

Cann Group Limited reported a near break-even net operating cash flow for Q1 FY2026 and achieved its first EBITDA-positive month, setting the stage for a major debt restructure that will significantly reduce its borrowings.

AuKing Mining has raised $1.177 million through a two-tranche share placement and signed a $5 million convertible loan facility with RiverFort Global Capital to support its Cloncurry Gold Project acquisition and development.

Regional Express Holdings has assigned a $50 million portion of its debt to the Commonwealth of Australia, making the government the largest secured creditor as the airline navigates voluntary administration.