Murray River Organics Group Limited (ASX:MRG) is understood to have tapped adviser Lion Advisory for a sale or a capital solution. The group has been struggling for some time and in October it announced that due to continued delays regarding the sale of its farming assets and other capital management initiatives, it was unable to lodge its accounts for the 2021 financial year. As a result, its securities have remained suspended. Murry River Organics told the market that the sale of the company’s remaining farm portfolio was a key component of its transformation and refinance with its debt financier, National Australia Bank. The sale was also said to be a key component of an equity raising expected in December 2021.