Latest Restructuring News

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Mosaic Brands announces the closure of its remaining Rivers, Millers, and Noni B stores after failing to secure a sale, impacting over 1,500 employees and marking the end of its retail operations by April 2025.
Logan Eniac
Logan Eniac
3 Feb 2025
Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.
Maxwell Dee
Maxwell Dee
3 Feb 2025
Viridis Mining and Minerals Limited has requested an immediate voluntary suspension of its shares pending a capital raising announcement, signaling a pivotal moment for the company.
Maxwell Dee
Maxwell Dee
3 Feb 2025
Ten Sixty Four Limited has revealed a staggering net loss of US$43 million for the year ended June 2024, alongside a sharp 94% revenue decline and a modified audit opinion, raising fresh questions about its financial stability.
Maxwell Dee
Maxwell Dee
3 Feb 2025
Lithium Energy Limited has secured unconditional shareholder approval for the amended sale of its Solaroz Lithium Brine Project, with completion now staged over two tranches through January 2026. Meanwhile, the company prepares for the Axon Graphite spin-out IPO, navigating an ongoing ASX trading suspension due to operational thresholds.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Newfield Resources Limited reports a strategic pivot for its Tongo Diamond Mine, engaging a joint development partner to reduce costs and delay bulk sampling amid a depressed diamond market.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Australian Oil Company Limited (AOK) reports significant progress in its California pipeline acquisition and appoints Chris Hodge as Non-Executive Chairman, signaling a strategic push into US gas exploration.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Argent BioPharma reports strategic cost-cutting moves including facility closures and delisting from the LSE, while securing German distribution approval and raising significant capital to support its drug pipeline.
Ada Torres
Ada Torres
31 Jan 2025
AssetOwl Limited has appointed new directors and secured a $300,000 loan facility as it undertakes a strategic review to revive shareholder value amid a quiet quarter.
Sophie Babbage
Sophie Babbage
31 Jan 2025
DMC Mining Limited progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, while navigating key board appointments and capital raising efforts ahead of ASX re-admission.
Maxwell Dee
Maxwell Dee
31 Jan 2025
Field Solutions Holding Ltd reported a positive net cash flow from operations for the December quarter but faces significant investing outflows and is currently in voluntary suspension pending a capital raise.
Sophie Babbage
Sophie Babbage
31 Jan 2025
Strandline Resources reports a decline in mineral sands production and sales in the December 2024 quarter, impacted by lower ore grades and mechanical setbacks, while actively negotiating debt restructuring and advancing key infrastructure projects.
Maxwell Dee
Maxwell Dee
31 Jan 2025