Latest Creditors News

WA Kaolin Limited has entered receivership with Cathro & Partners taking control, signalling urgent assessment of operations and potential sale or recapitalisation.

Citigold Corporation has outlined a $4.5 million share placement aimed at repaying a $2 million secured loan and shoring up its working capital, pending receipt of funds.

Adslot Technologies has formalised a Deed of Company Arrangement following voluntary administration, aiming to satisfy non-related creditors while maintaining group control of its digital advertising platform.

Advanced Innergy Holdings (ASX:AIH) has revised down its FY26 revenue and EBITDA forecasts due to project timing delays and supply chain issues but maintains a robust order book and financial position.

SRJ Technologies has transitioned from contract awards to operational delivery in the Middle East, supported by a recent A$2.57 million capital raise and a strategic partnership with robotics OEM Nexxis.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Adslot Technologies, the troubled subsidiary of Adslot Ltd, has gained creditor backing to execute a Deed of Company Arrangement, aiming to satisfy non-related creditors while maintaining group control of its technology platform.

Triangle Energy (ASX:TEG) and its key subsidiaries have appointed a voluntary administrator amid financial pressures linked to offshore decommissioning obligations. The move follows similar steps by related operators and signals ongoing regulatory and creditor negotiations ahead.

Unith Ltd is set to raise $2.75 million through a share Placement and a pro rata Entitlement Offer, alongside converting $500,000 of debt to equity. The capital injection aims to accelerate its AI digital human technology and business growth.

Pilot Energy Limited and its subsidiaries have appointed voluntary administrators after failing to secure necessary funding or a strategic partner for their Cliff Head Carbon Storage Project. The company’s shares remain suspended on the ASX as administrators review options to preserve stakeholder value.

QPM Energy Limited and its subsidiaries have entered voluntary administration with McGrathNicol appointed as administrators and FTI Consulting as receivers over key gas-producing entities. The move aims to stabilise operations and explore restructuring options amid ongoing financial distress.

Bowen Coking Coal's entire shareholding and options have been transferred to Argo Bowen 2 following a court-approved Deed of Company Arrangement, marking a key step in the company’s restructuring.