Latest Restructuring News

Entertainment Rewards Ltd reported a 2.2% revenue increase in Q1 FY26, driven by strong membership growth and Card Linked Offers, while securing an additional $3 million loan to support its strategic initiatives.

Papyrus Australia has taken a major step towards commercialisation by signing a $4.2 million binding Terms Sheet with TBS Mining Solutions and progressing a high-volume production facility in Vietnam. The company also secured a $250,000 government grant and restructured its leadership to support growth.

Locate Technologies has ended its Australian ATM Facility, initiated a new NZ$10 million facility in New Zealand, and proposed a share buy-back pending shareholder approval, aligning with its Bitcoin Treasury ambitions.

Besra Gold Inc has updated its Bau Gold Project resource to 2.28 million ounces and is intensifying efforts to renew a critical mining lease, signaling a strategic reset for the company.

Australian Agricultural Projects Ltd has delivered a solid quarterly update with strong sales from its 2025 olive oil harvest and a stable orchard condition, while navigating rising water costs and international price pressures.

COSOL Limited reports a $7-8 million revenue shortfall in H1 FY26 amid macroeconomic pressures but pivots towards higher-margin Asset Management as a Service contracts and cost efficiencies to stabilize performance.

Wingara AG reports a modest cash position of $302,000 as it winds down processing operations and seeks fresh transaction opportunities following the termination of its TerraFirma deal.

CONNEQT Health reports robust 50% quarter-on-quarter growth in Pulse device sales and launches a new pricing strategy to boost recurring revenue. The company also secures a significant US clinical trial contract and advances cost-cutting efforts.

CONNEQT Health reported a $2.6 million operating cash outflow in the September quarter but secured $2 million through a convertible note, while expecting a $1.6 million R&D tax refund to shore up liquidity.

Manuka Resources has restructured A$18.2 million of trade finance debt with Tennant Metals, converting part to equity and easing its capital costs ahead of a major silver production ramp-up in 2026.

Conico Ltd has announced an 8-for-1 security consolidation affecting both ordinary shares and options, with a significant adjustment to the option exercise price set to take effect in December 2025.

Cann Group Limited (ASX, CAN) launches a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares and attaching options, supporting its recent debt restructure and growth ambitions.