Latest Restructuring News

FBR Limited wraps up its US Demonstration Program, secures $6.3 million in capital, and appoints Mark Pivac as CEO amid a 70% cost reduction drive. Strategic collaborations with Samsung Heavy Industries and Liebherr signal broader automation ambitions.

SG Fleet Group Limited has officially been acquired by Westmann Bidco, with shareholders receiving $3.50 per share or Topco shares. The company will be delisted from the ASX starting May 1, marking a significant transition.

Highfield Resources has made significant progress on its strategic transaction with Yankuang Energy and Beijing Energy, securing key regulatory approvals and restructuring its financing amid disciplined cost management.

ReNu Energy has completed the sale of its hydrogen division and is set to acquire Janus Electric, a pioneer in electric truck battery swapping, backed by a substantial capital raise to scale operations.

EMU NL's latest quarterly report reveals promising copper exploration parallels with Canada’s Highland Valley mine and renewed gold project interest, alongside significant management changes and a pending shareholder showdown.

Moho Resources has amended the sale terms of its Empress Springs Project with Qld Aus Graphite, replacing a royalty agreement with upfront cash payments totaling $708,500. Completion is expected soon, pending final conditions.

AJ Lucas Group Limited has secured a short-term extension on its debt maturities as it advances refinancing negotiations, signaling cautious optimism for its financial restructuring.

Thrive Tribe Technologies has initiated a corporate restructure focused on revenue growth, appointed a seasoned COO, and rebranded its platform while securing venture debt funding to support expansion.

Carbonxt Group advances commissioning of its Kentucky activated carbon plant while securing $2.5 million in fresh capital and reporting strong sales growth and cost savings ahead of FY26.

Propell Holdings reports Q3 FY25 cash outflows alongside a strategic shift with a new ‘Low Doc’ credit model and confirms its upcoming ASX delisting.

Clara Resources is gearing up for a pivotal drilling campaign at its Ashford Coking Coal Project while successfully raising $1.245 million through an entitlement offer and placement. The company also navigates significant board changes and continues exploration at its Kildanga Nickel/Cobalt project.

Elixinol Wellness reported a 13.7% year-on-year revenue increase in Q1 FY25, despite a softer quarter compared to record Q4, with ecommerce momentum and strategic initiatives setting the stage for margin recovery and growth in H2.