Latest New Zealand News

Janison Education Group has been appointed by the New Zealand Ministry of Education to deliver a new bilingual digital assessment platform for students in Years 3 to 10, marking a strategic expansion into the New Zealand education sector.

RBR Group Limited invites eligible shareholders to participate in a Share Purchase Plan aiming to raise up to $650,000 by offering shares at a highly discounted price of $0.001 each. The capital raised will support a joint venture, debt repayment, and working capital needs.

oOh!media has confirmed that its contract with Auckland Transport, accounting for 4% of FY24 revenue, will not be renewed after September 2025. Despite this setback, the company remains confident in its New Zealand market position.

New Age Exploration Limited reports multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, while also expanding its footprint in New Zealand’s Otago region and completing a strategic UK asset sale.

Biome Australia Limited has reported a 69% increase in international sales revenue for FY25, reaching $1.5 million, driven by new strategic distribution agreements across Ireland, New Zealand, and Canada.

Larvotto Resources is exploring a USD 100 million senior secured bond to finance the restart of its Hillgrove Antimony and Gold Project, signaling a major step in advancing its mineral portfolio.

Uvre Limited has completed its acquisition of promising New Zealand gold assets and appointed seasoned mining executives to its board, setting the stage for an accelerated exploration phase.

City Chic Collective reports a promising FY25 with a return to profitability driven by strong ANZ sales and disciplined cost management, despite ongoing US market headwinds.

Abacus Storage King has received a revised acquisition proposal from a consortium led by Ki Corporation and Public Storage, increasing their cash offer by 15% to A$1.65 per security. The independent board committee is opening a six-week due diligence window but urges securityholders to hold off on any action.

Osteopore Limited has gained Swiss market approval for its 3D-printed bioresorbable implants under the EU Medical Device Regulation, completing its European product portfolio and strengthening its partnership with Zimmer Biomet.

Pacific Edge reports steady demand for its Cxbladder cancer diagnostic tests despite losing Medicare coverage and transitioning US customers to a new test. The company is advancing clinical evidence and a $21 million capital raise to support growth and regain coverage.

Platinum Asia Investments Limited (PAI) has announced a proposed restructure via a scheme of arrangement to exchange its shares for units in the Platinum Asia Fund Complex ETF (PAXX), aiming to resolve a persistent discount to net tangible asset value (NTA). The scheme, supported by independent directors and deemed fair by an expert, includes a potential special dividend and awaits shareholder and court approval.