Latest Restructuring News

Charger Metals NL has reported a maiden inferred lithium resource of 8.2 million tonnes at its Lake Johnston project, backed by Rio Tinto's $1.1 million exploration funding. A new drilling program is underway, aiming to expand lithium and gold prospects in Western Australia.

Gateway Mining has completed its acquisition of the Yandal Gold Project, revealing promising high-grade gold results and securing $22.5 million to fuel extensive exploration and drilling programs.

Pure Foods Tasmania reported a $1 million operating cash outflow in the September quarter due to restructuring and timing factors but anticipates positive cash flow and growth driven by new Coles product launches and operational efficiencies.

Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.

GoldArc Resources Ltd has completed a strategic rebrand and capital consolidation, raising A$3.2 million to accelerate exploration at its Leonora Gold Projects, where recent drilling confirmed significant high-grade gold mineralisation and identified new priority targets.

Altamin Limited has advanced its geothermal lithium ambitions with a significant A$3.62 million grant from the Italian government, alongside strategic board changes and a $4.39 million capital raise.

RMA Global Limited kicked off FY26 with a robust 21% increase in recurring revenue, driven by the rollout of Curated Social and a strategic pivot to target US brokerages exclusively. The company’s new Social Studio platform is gaining traction across the US, Australia, and New Zealand.

HeraMED has bolstered its cash position with a $1.98 million capital raise and is on the cusp of finalizing two pivotal U.S. commercial agreements, signaling a major step forward for its digital maternity care platform.

Conico Ltd has launched a $2.1 million entitlement offer to fund exploration at its Mt Thirsty Joint Venture and progress projects in Greenland, while aiming to clear its debt through shareholder-approved loan conversions.

Freehill Mining shifts focus to cement industry feedstocks, stabilizes operations after plant challenges, and secures fresh capital while reporting promising magnetite test results.

Eagle Mountain Mining continues to push forward with its Arizona copper-gold projects while negotiating loan restructuring, maintaining a cautious cash position of $566,000 at quarter-end.