Latest Restructuring News

Metro Performance Glass reports solid operational gains and a stronger balance sheet amid ongoing construction market challenges, though revenue falls short of earlier forecasts.

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.

TasFoods Limited has appointed KPMG as voluntary administrators following the unsuccessful sale of its Nichols Poultry business, signalling a critical restructuring phase. A creditors' meeting is scheduled for 23 March 2026 as the company seeks new capital or buyers.

Imugene Limited has launched a $20 million capital raising through a $12 million institutional placement and an $8 million Share Purchase Plan, alongside a convertible notes amendment to support its clinical development pipeline.

RLF AgTech has completed its restructuring phase and is now shifting gears towards aggressive commercial execution under new CEO Stuart Upton. The company outlined its growth strategy and financial results in a recent investor webinar, signalling a clear path to profitability.

The Supreme Court of New South Wales has approved the convening of meetings for National Storage REIT securityholders to vote on a $2.86 per security acquisition offer by a Brookfield-GIC consortium. The independent expert report supports the transaction as fair and reasonable, with the NSR Board unanimously recommending approval.

ADX Energy has secured a crucial extension on its loan note repayments, unlocking financial flexibility to advance multiple drilling and development projects across Austria and Italy.

Orica reports solid first-half earnings growth led by digital and specialty chemicals, while launching a $100 million cost reduction program to navigate supply disruptions and litigation headwinds.

Aguia Resources has reported its best-ever gold production at the Santa Barbara project in Colombia, with metallurgical improvements driving recovery rates above 85%. The company is poised to achieve positive cash flow soon as it completes plant mechanisation and optimises mining operations.

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

Energy World Corporation appoints Alan Jowell as Executive Chairman to spearhead its strategic review and project development, while exploring asset sales alongside its flagship Pagbilao LNG and Power Project.

Mineral Commodities Limited has completed the sale of its Skaland Graphite Project in Norway for USD 8.75 million as part of its voluntary administration process. The transaction marks a significant step in the company’s restructuring efforts.