Latest Restructuring News

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Mount Ridley Mines has completed a 1-for-10 capital consolidation and refreshed its board with experienced new directors, positioning itself for strategic growth amid ongoing portfolio evaluations.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Magmatic Resources has launched an expanded diamond drilling campaign at its Myall Project while reporting promising soil sampling results from its Wellington North and Parkes projects. The quarter also saw significant leadership changes, positioning the company for its next growth phase.
Maxwell Dee
Maxwell Dee
31 Jan 2025
My Rewards International Limited reports steady progress on its B2B rewards platform and the soft launch of its Klevo MasterCard, while navigating ongoing ASX suspension and securing a $15 million financing facility.
Sophie Babbage
Sophie Babbage
30 Jan 2025
Leo Lithium has completed the sale of its remaining interest in the Goulamina Project, distributing over A$249 million to shareholders and restructuring its board as it pivots towards new asset acquisitions.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Activeport Group Ltd reported steady revenue of $2.5 million in Q2 FY25, maintaining a stable cost structure post-restructure and positioning itself for growth through new projects and a significant GPU orchestration licensing deal.
Victor Sage
Victor Sage
30 Jan 2025
QX Resources has renegotiated its lithium brine project options in the US to reduce upfront costs while expanding its footprint, alongside progressing promising gold exploration in Queensland. The company ends the quarter with a modest cash position, underscoring the need for careful capital management.
Maxwell Dee
Maxwell Dee
30 Jan 2025
A1 Investments & Resources Ltd reports a modest cash outflow for the June 2024 quarter while actively pursuing acquisitions and planning convertible note funding to support growth.
Claire Turing
Claire Turing
30 Jan 2025
Echo IQ Limited has secured FDA clearance for its EchoSolv AS technology and appointed a US-based CEO, marking a pivotal shift towards commercialisation in the American healthcare market.
Ada Torres
Ada Torres
30 Jan 2025
Coppermoly Limited has advanced its Mt Isa exploration program with fresh geophysical surveys and strategic board appointments, aiming to unlock new copper and gold targets in Queensland.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Pinnacle Minerals Ltd reports a strategic shift towards cost reduction and partnership development across its lithium, uranium, and rare earth projects, positioning itself for future growth.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Latin Resources Limited has completed the demerger of its non-core mineral exploration assets into ESG Minerals Limited, distributing shares to eligible shareholders and refocusing its portfolio.
Maxwell Dee
Maxwell Dee
30 Jan 2025
IXUP Limited reports strong sales momentum driven by its largest-ever contract with iGaming Ontario, alongside strategic cost reductions and a clear path to positive cash flow by late 2025.
Sophie Babbage
Sophie Babbage
30 Jan 2025