tiprankstipranks
Calidus Resources Enters Recapitalization and Sale
Company Announcements

Calidus Resources Enters Recapitalization and Sale

Calidus Resources Ltd. (AU:CAI) has released an update.

Don't Miss Our Christmas Offers:

Richard Tucker and John Bumbak of KordaMentha have been appointed as Receivers and Managers of Calidus Resources Limited and its subsidiaries following the decision to enter voluntary administration. An urgent operational assessment is underway, and they will be initiating a recapitalization and sale process supported by key stakeholders. Interested parties are invited to participate in the sale process, while suppliers, creditors, and shareholders are provided with specific contact information for inquiries.

For further insights into AU:CAI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCalidus Resources Awaits Court Decision on Equity Transfer
TipRanks Australian Auto-Generated NewsdeskCalidus Resources Advances Restructuring Plans
TipRanks Australian Auto-Generated NewsdeskCalidus Resources Embraces West Coast Revival Plan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App