Latest New Zealand News

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Strickland Metals plans a capital return by distributing 1.2 billion Gateway Convertible Preference Shares to its shareholders, significantly reducing its stake and reshaping ownership. The move awaits shareholder approval and hinges on conditions tied to an asset sale agreement.
Maxwell Dee
Maxwell Dee
18 July 2025
McPherson’s Limited anticipates FY25 revenue around $139 million with a strong second-half EBITDA rebound, while its strategic shift to third-party wholesalers sets the stage for significant EBIT gains in FY26.
Victor Sage
Victor Sage
18 July 2025
Hydrocarbon Dynamics Limited has announced a 1 for 3 entitlement offer to raise up to $718,000, aiming to fund marketing of its HCD Multi-Flow® product and explore new energy technology investments.
Maxwell Dee
Maxwell Dee
17 July 2025
Scalare Partners has raised $3 million through a share placement to fund its acquisition of Tank Stream Labs, alongside a $1.08 million Share Purchase Plan for existing shareholders. This capital raise aims to bolster Scalare’s position in the flexible workspace and tech investment sectors.
Sophie Babbage
Sophie Babbage
17 July 2025
Pacific Edge Limited has opened a $5 million Share Purchase Plan at $0.10 per share, conditional on shareholder approval of a prior $16.1 million Placement. The capital raise aims to extend the company’s cash runway and accelerate US market adoption of its bladder cancer diagnostic tests amid Medicare non-coverage.
Ada Torres
Ada Torres
17 July 2025
Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.
Maxwell Dee
Maxwell Dee
17 July 2025
Pacific Edge Limited (ASX – PEB) has announced a securities purchase plan (SPP) aiming to raise up to NZD 5 million, contingent on shareholder approval of a prior NZD 16 million placement. The move is designed to bolster working capital amid ongoing growth initiatives.
Ada Torres
Ada Torres
17 July 2025
Inca Minerals has significantly expanded high-grade gold-antimony zones at its Hurricane Project in Queensland, with rock chip assays revealing new mineralised extensions and multiple vein structures. Preparations for a maiden drilling program are underway, setting the stage for a pivotal exploration phase.
Maxwell Dee
Maxwell Dee
16 July 2025
IKE GPS Group Limited has opened a A$2.0 million Share Purchase Plan following an A$18 million placement, aiming to accelerate product innovation and strategic expansion.
Sophie Babbage
Sophie Babbage
16 July 2025
Meridian Energy’s June 2025 report reveals hydro storage levels exceeding historical averages and a notable rise in retail electricity sales, despite lower generation prices. The company also signals the end of its smelter demand response agreement.
Maxwell Dee
Maxwell Dee
16 July 2025
humm Group has granted The Abercrombie Group limited access for due diligence following a $0.58 per share indicative acquisition proposal, signaling a cautious but significant step forward in potential ownership change.
Claire Turing
Claire Turing
15 July 2025
Cromwell Property Group has provided fresh details on its Barton development, confirming a $201 million total cost and a projected yield exceeding 6.3%. This update clarifies financial expectations amid growing market interest.
Eva Park
Eva Park
15 July 2025