Latest Creditors News

Predictive Discovery Limited has reported robust drilling results at its Bankan Gold Project in Guinea, alongside key environmental approvals and a strategic A$69 million capital raise, positioning the company for accelerated development.

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Eagle Mountain Mining has completed a significant capital raise through the issue of over 518 million new shares and 129 million options, including a $3 million loan conversion, bolstering its exploration projects in Arizona.

Ten Sixty Four Limited has successfully exited external administration following the full effectuation of its Deed of Company Arrangement, marking a pivotal step toward resuming normal operations and ASX trading.

SIV Capital Limited reported a sharp increase in losses for the half-year ending December 2024 and remains suspended from ASX trading due to operational concerns. The company is exploring acquisitions to leverage substantial tax losses and restore market confidence.

Yowie Group Ltd has called in its loan facility with Keybridge Capital Limited following Keybridge's appointment of a Voluntary Administrator, prompting Yowie to explore new capital solutions amid recovery uncertainties.

Keybridge Capital Limited has appointed a voluntary administrator following a series of legal setbacks and an inability to raise crucial capital, leading to the suspension of its shares.

Nick Scali Limited reported a stronger-than-expected half-year profit, driven by solid ANZ performance, while its UK operations continue to face restructuring challenges amid store refurbishments.

NoviqTech Limited has announced a non-renounceable pro-rata entitlement issue of new options aiming to raise approximately $251,000. Eligible shareholders can subscribe at a low issue price, with options exercisable over three years.

Mosaic Brands announces the closure of its remaining Rivers, Millers, and Noni B stores after failing to secure a sale, impacting over 1,500 employees and marking the end of its retail operations by April 2025.

Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.