Latest New Zealand News

Mercury NZ Limited confirms the share allotment price for its Dividend Reinvestment Plan and details its upcoming dividend payment scheduled for 30 September 2025.

Black Rock Mining Limited has launched a Share Purchase Plan offering shareholders the chance to invest up to A$30,000 at A$0.021 per share, accompanied by free options, aiming to raise around A$2 million to advance its Mahenge Graphite Project.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.

The Lottery Corporation Limited has confirmed its fully franked interim dividend and set the Dividend Reinvestment Plan price at AUD 5.91 per share, offering shareholders a clear path to reinvestment for the six months ending June 2025.

Critical Resources Limited has raised $1.8 million through a strategic placement to fund maiden drilling programs at its gold-antimony projects in New South Wales and New Zealand, signaling a pivotal step in its exploration journey.

Coventry Group has launched a $20 million entitlement offer at a 15% discount to reduce debt and bolster working capital. Eligible shareholders can also apply for additional shares through a shortfall facility.

PolyNovo’s NovoSorb BTM, combined with negative pressure wound therapy, significantly accelerates healing of large post-surgical diabetic foot wounds, according to new clinical trial data.

CSL Limited has updated its dividend announcement for the first half of FY2025, confirming a USD 1.62 per share ordinary dividend and clarifying currency payment arrangements for global shareholders.

My Rewards International Limited (ASX – MRI) has announced a pro rata non-renounceable entitlement offer aiming to raise up to $4.12 million, primarily to reduce debt and strengthen working capital. The offer is partially underwritten and open to shareholders in select countries, with key dates set for September and October 2025.

Locate Technologies plans to transfer its listing from the ASX to the New Zealand Exchange, aiming to unlock greater flexibility for its Bitcoin Treasury Strategy. Shareholders will exchange their shares for NZX-listed equivalents, with the transition expected by late November 2025.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.