The reality is that some publicly traded companies need a change of direction to survive. Take a look at this infographic to learn why Juniors have to hit the "Reset" button. To be viable to future investors, a company that reaches a breaking point must re-structure such that it has a healthy share structure, little or no debt, a new direction and a new vision that will excite investors.
Junior resource exploration is a cyclical and speculative business. While many companies struggle to raise money in challenging market circumstances, they can be re-structured to better position themselves for success.
Courtesy of: Visual Capitalist