Latest Financial Obligations News

Memphasys Limited has extended the repayment terms of its convertible notes with major shareholder Peters Investments to mid-2026, reinforcing financial flexibility amid ongoing commercial progress.

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

Assetora Limited has obtained a Supreme Court injunction restraining external receivers, allowing its directors to maintain control while agreeing on payments to noteholders.

NTAW Holdings has secured an extension of its financial covenant waiver with Commonwealth Bank of Australia until March 2026, while continuing to reduce its borrowing facility.

Assetora Limited has resolved a recent receivership by fully settling its outstanding debt, bringing external administration to a close within a day.

ChemX Materials Limited has successfully completed its voluntary administration process with creditors approving restructuring agreements for both the parent company and its subsidiary HiPurA Pty Ltd. This marks a significant step towards stabilising operations and returning control to the board.

Adelong Gold Limited has agreed to sell its remaining 49% stake in Challenger Mines to Great Divide Mining for 10 million shares valued at approximately AUD 3.1 million, while retaining a 1% royalty on future gold production.

Black Cat Syndicate has completed the final $25 million payment for its Lakewood processing facility acquisition, fully funded by operating cashflow, marking a key milestone in its Kal East gold operation.

Cann Group Limited has successfully raised an additional $2.5 million through a Share Purchase Plan and shortfall placement, complementing a prior $6.5 million institutional placement. These funds will primarily support debt repayment and strengthen the company’s financial position.

CVC Limited has successfully completed an upsized $75 million capital raise through its Notes 3 offer, setting a 4.50% annual margin. The funds will support general corporate needs and potential debt consolidation.

Synlait Milk Limited has temporarily expanded its banking facilities by NZ$50 million to manage ongoing cost impacts from earlier manufacturing challenges, while preparing to reduce debt through a major asset sale.

GoldArc Resources has taken a decisive step in advancing its Mt Stirling Project by securing 90% ownership and full operational control, removing the need for a feasibility study before mining decisions.