Latest Winding Up News

Latitude Group Holdings Limited has launched an offer to raise approximately $100 million through Capital Notes 2, a new series of perpetual, subordinated, unsecured convertible notes. Existing Capital Notes 1 holders are invited to reinvest in the new notes, which feature discretionary quarterly distributions and potential conversion to ordinary shares.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

BCI Minerals confirms the Mardie Salt and Potash Project remains on track for first salt shipment in the second half of 2026, supported by binding offtake agreements and a positive salt price outlook driven by supply shortfalls in Asia.

MRG Metals confirms robust rare earth oxide mineralisation at its Garies project in South Africa, hitting a peak 4.49% TREO over 6.6 metres. This breakthrough drilling result underscores the project's potential as a critical supplier of magnet rare earths vital for clean energy technologies.

Ovanti Limited is reshaping its future with a strategic shift from its BNPL roots to a global financial Super App, exiting legacy US operations to focus on innovation and international expansion.

Meridian Energy’s February 2026 report reveals below-average hydro inflows but robust water storage and growing retail customer base, highlighting resilience amid weather challenges and market fluctuations.

Immutep Limited has discontinued its pivotal TACTI-004 Phase III trial in first-line non-small cell lung cancer following an independent futility analysis, prompting a strategic reassessment of its clinical program and finances.

ABx Group has discovered new high-extraction ionic rare earth zones at its Deep Leads project in Tasmania, accelerating the path to production within months of approval. This breakthrough enhances the project's commercial viability with rare earths critical for green technologies.

Vital Metals has reported exceptional rare earth element assay results at its Nechalacho project, revealing record grades and identifying six new exploration targets beyond the current resource. A 1000m drilling program is underway, supporting the project's district-scale potential.

Southern Cross Electrical Engineering (SCEE) reported a robust H1 FY26 with underlying EBITDA up 30.8%, raising full-year guidance despite a significant legal settlement cost. The company’s diversified portfolio and strong order book underpin its optimistic outlook.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

Lynas Rare Earths has secured a 10-year renewal of its Malaysian operating licence, providing a significant boost to its investment certainty and supply chain stability.