Latest Restructuring News

CSL Limited has revised its financial outlook for FY26, citing lower US influenza vaccination rates and government cost controls in China, while postponing the planned demerger of its Seqirus vaccine business and announcing a major cost-saving program.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

Sheffield Resources has locked in a zircon concentrate offtake deal with Yansteel, stabilising revenue amid challenging market conditions in China and reinforcing partnership commitments at the Thunderbird mine.

Cann Group Limited announces a transformative $9 million capital raise alongside a major debt restructure, positioning the medicinal cannabis pioneer for profitability in FY26.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

RBR Group is seeking shareholder approval for a 30-for-1 share consolidation aimed at simplifying its capital structure and attracting institutional investors.

ReadCloud Limited reports a 109% surge in underlying EBITDA to $757k for FY25, driven by robust growth in VET-in-Schools fees and domestic eBook sales, alongside positive cash flow improvements.

Nuix announces the departure of CEO Jonathan Rubinsztein after four years of transformative leadership, with an interim CEO to be appointed amid a global search for his successor.

Australian Strategic Materials (ASM) reports significant progress in rare earth metals production and strategic growth, including a major capital raise and advances in its Dubbo and US projects.

Minbos Resources advances its Cabinda phosphate fertilizer project with key funding restructures, minority shareholder buyouts, and the start of early mining operations. Strategic partnerships and construction milestones position the company for growth despite funding delays.

Spenda Limited has announced a 10-for-1 consolidation of its ordinary shares and multiple option classes, reshaping its capital structure with trading on a deferred settlement basis starting early December.

Blackstone Minerals has secured $22.6 million to accelerate exploration at its Mankayan Copper-Gold Project in the Philippines, revealing promising high-grade surface mineralization and advancing community and regulatory approvals. The company also formed a strategic joint venture to develop its Ta Khoa Nickel Project in Vietnam, positioning itself in the growing battery metals market.