Wednesday saw the resignation of Herencia Resources's non-executive chairman Peter Reeve, who will step down from his role with immediate effect.
Shares in AIM minnow Herencia Resources spiked on Thursday but the company could not come up with any explanation.
Herencia Resources said a new comprehensive geological review of the company's core copper mineral prospects pointed to greater potential for those assets.
AIM-listed Herencia Resources reported on Thursday that the Australian Special Opportunity Fund, LP, managed by The Lind Partners had exercised its right to convert convertible loan notes into shares.
Herencia Resources confirmed on Friday that, following "prudent cash management" and an ongoing working understanding with creditors, it believes its working capital position remains satisfactory until the end of February.
Copper mining minnow Herencia Resources secured $200,000 from two shareholders to provide working capital and to fund its "re-invigoration" strategy.
Herencia Resources confirmed on Thursday that it has commenced a process of restructuring, which will involve the appointment of two new Directors over the next week to oversee Herencia's reestablishment as "a viable junior exploration and development company".
Exploration and development company Herencia Resources sold 70% equity in its Paguanta project to Golden Rim Resources (GMR) for $2.3m, so it can focus on its Picachos mining project.
Herencia Resources was close to clinching the sale of one of its mining projects as it continued to look for funding amid one of the worst market periods for junior resource companies, the company said in its annual report.
Herencia Resources said it had received the second tranche of a recently arranged £0.5m loan facility.
Herencia Resources has secured up to $0.5m of emergency funding from two shareholders that could keep it running until June, by which time it hopes to have completed the sale of its Picachos project for up to $5.13m to Next Minerals.
Herencia Resources has signed a binding term sheet to acquire the advanced Pastizal copper project in central Chile via an option agreement.
Herencia Resources has signed a memorandum of understanding for a joint venture with Chilean Copper producer Errazuriz Group.
Multi-commodity resources company Herencia Resources reported further high grade assay results for its Picachos copper project in Chile.
Aquarius Platinum: Deutsche Bank shifts target price from 28p to 30p and maintains a buy recommendation.
Chile-focused explorer Herencia Resources claimed to have made a "dream start" to its drilling programme at its Picachos copper project in Chile.
Copper miner Herencia Resources has found more copper at a project in Chile.
Herencia Resources widened its first half losses to 1.59m pounds from last year's 1.3m pounds as the Chilean miner made no revenues as it moved towards starting production at the Patricia deposit.