Latest Restructuring News

Superior Resources Limited has had its trading suspension lifted following key announcements about court orders and a new prospectus, signaling a pivotal moment for the mining explorer.

MyEco Group reveals a strategic pivot towards expanding its MyEco branded products, achieving a 9% sales increase in FY25, and implementing a $2.5 million cost-saving operational restructure aimed at EBITDA breakeven in FY26.

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.

Orica Limited reported a 6% increase in revenue to AUD 8.14 billion and a 23% rise in EBIT to AUD 992.2 million for FY2025, alongside record safety performance and significant strides in decarbonisation.

CVC Limited marked a milestone year with strategic land acquisitions and planning successes, boosting its land portfolio value despite modest net profits. The company’s focus on industrial, residential, and data centre developments positions it for future growth.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Central Petroleum has agreed to sell its Northern Territory sub-salt exploration permits to Georgina Energy, gaining a 25% equity stake in the helium-focused explorer. The deal refocuses Central on conventional oil and gas while offering shareholders exposure to emerging helium and hydrogen prospects.

Inghams Group reports stable volumes and improved wholesale pricing in early FY26 but faces higher operational costs impacting first-half earnings. A leadership restructure aims to cut costs and boost accountability as the company reaffirms its full-year EBITDA guidance.

Pro-Pac Packaging has entered voluntary administration, leading to the redundancy of its CEO and an extended timeline for creditor meetings in Australia and New Zealand.

Cann Group Limited has finalized a $15.3 million settlement with National Australia Bank, releasing all security and closing loan facilities as part of a broader debt restructuring. The company is advancing a $9 million new loan and a $9 million capital raise, including a share purchase plan closing November 17.

Commonwealth Bank of Australia reported a 2% increase in cash NPAT to approximately $2.6 billion for 1Q26, supported by lending and deposit growth despite margin pressures and rising expenses.

Eden Innovations has raised $4.35 million through a placement of shortfall shares, marking a key step in its financial reconstruction and global commercialisation plans.