Latest New Zealand News

Delorean Corporation has transitioned to the operations and maintenance phase at its $53 million Yarra Valley Water bioenergy facility, marking a key milestone in its renewable energy expansion.

Entertainment Rewards Ltd has secured significant amendments to its $22.5 million convertible loan agreement with Suzerain Investment Holdings, extending key deadlines to 2028 and enhancing its financial runway.

Theta Gold Mines has launched a $12 million Share Purchase Plan at 21 cents per share, matching its recent private placement price, and is offering free attaching options to participating shareholders.

Supply Network Limited reported robust FY2025 results with double-digit revenue growth, expanded capacity across Australia and New Zealand, and announced a new auditor appointment at its AGM.

Supply Network Limited reported strong FY2025 financial results with robust revenue and profit growth, alongside strategic network expansions and IT upgrades. The company is on track to meet its $50 million revenue growth target for FY2026, supported by a new three-year business plan.

Smartpay Holdings has secured final court approval for its acquisition by Shift4 Holdings, setting the stage for share suspension and delisting in early November. Shareholders will receive NZ$1.20 per share in cash upon completion, pending final conditions.

Kinatico Limited reported a robust start to FY26, with SaaS revenue surging 58% and a fresh marketing campaign aimed at SMBs and enterprises. The company balances growth with profitability, setting the stage for international expansion.

New Age Exploration Limited has raised $3.75 million to accelerate drilling at its promising Wagyu Gold Project in Western Australia and Lammerlaw Gold Project in New Zealand, targeting Hemi-style mineralisation and Macraes-style analogues.

Amotiv Limited reported steady FY25 financials with marginal revenue growth and a slight EBITA dip, while unveiling its ambitious Amotiv2030 strategy to drive future shareholder value amid ongoing market challenges.

EVT Limited reports a robust 20.7% rise in Q1 EBITDA, driven by all divisions, with Hotels leading record results and a strategic acquisition poised to boost earnings further.

Corporate Travel Management reports a 6% revenue increase and a 29% rise in EBITDA for 1QFY26, maintaining operational strength amid an ongoing audit review and trading suspension.

Ampol Limited has priced A$500 million of subordinated notes due 2055, refinancing existing debt and enhancing financial flexibility. The long-term capital raise attracted strong demand from regional fixed income investors.