Latest Creditors News

ChemX Materials Limited has entered voluntary administration following a turbulent quarter marked by convertible note amendments, a trading suspension, and ongoing funding challenges.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.

Centrex Limited and its subsidiary Agriflex have completed their deed of company arrangement, ending external administration and transferring ownership to PRL Global Limited.

Scout Security has completed the first tranche of a $600,000 capital raise amid its ASX trading suspension, aiming to settle debts and progress towards relisting.

Evolution Energy Minerals has successfully closed an oversubscribed rights issue, raising $1.45 million and topping up with an additional $300,000 placement to fund key graphite and copper projects.

EQ Resources has successfully raised $22.5 million through an institutional placement, aiming to accelerate production and strengthen its financial position at the Mt Carbine tungsten project.

MPower Group Limited has announced a binding agreement to sell its main renewable energy assets for approximately $19 million, reporting a net loss of $4.1 million for FY2025 largely due to discontinued operations.

Mineral Resources Limited posted a $896 million statutory loss for FY25, driven by significant impairments, while Onslow Iron achieved commercial production and governance reforms reshape the board.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

SIV Capital Limited reported a statutory loss of $112,789 for the year ended June 2025, continuing its operational scale-down with only four active rental contracts. The company remains debt-free with $8.18 million in cash but its ASX securities remain suspended as it evaluates a confidential corporate opportunity.

Noumi Limited has posted a significant $150 million loss for the year ending June 2025, driven by non-cash charges and raising questions about its financial stability.

Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.