Latest Restructuring News

Castle Minerals has completed a strategic acquisition to expand its Côte d’Ivoire footprint while reporting promising gold drill results in Ghana, supported by a strengthened Board and fresh capital.

Excite Technology Services delivered a standout September quarter with record sales and secured $2.1 million in convertible note funding, reinforcing its growth trajectory in cybersecurity and digital forensics.

Spenda Limited reported a record $204 million in payment volumes for Q1 FY26 alongside a strategic cost reduction of 21% annualised. The quarter also saw a significant leadership change with the resignation of its Managing Director.

Bowen Coking Coal maintained steady production and sales in Q3 2025 while slashing costs by a third through a new mining model, despite ongoing administration and receivership. The company generated positive operating cash flow and advanced key development projects.

Bowen Coking Coal Ltd has released its updated 2025 Coal Resources and Reserves statement, reflecting mining depletion and joint venture ownership changes amid ongoing administration. The report details nuanced shifts across key Queensland projects, underscoring operational challenges and asset continuity.

Bowen Coking Coal Ltd has released its mid-2025 update on coal resources and reserves across key Queensland projects, confirming 11 million tonnes of run-of-mine coal reserves at Ellensfield South and Plumtree North. The report also highlights a significant resource increase at Hillalong South and a steady reserve position at Broadmeadow East amid ongoing administration.

Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.

Linius Technologies has implemented a sweeping operational restructure, cutting expenses by more than 60% compared to FY25, while progressing a pivotal proof of concept with a major European football league and securing over $3.7 million in new funding.

FirstWave Cloud Technology reports a cash-flow positive quarter with a $2.85 million capital raise and advances its AI-powered compliance product, targeting a commercial release by November.

Australian Pacific Coal’s Dartbrook Mine has entered voluntary administration and receivership, with the company’s interest now considered to hold no value amid mounting secured debt pressures. Despite this, the company remains solvent with limited cash reserves and continues to assess its next steps.

Memphasys has sharpened its commercial focus on the Felix™ System, securing a major distribution expansion in the MENA region and cutting operational costs by 40%, setting the stage for a global market push.

GBM Resources has launched a major drilling campaign at its Twin Hills gold project and raised A$40 million to fund exploration and development across its Drummond Basin portfolio.