Latest Nzx News

Rua Gold has reported its highest-grade Auld Creek drilling results to date, including 0.6 metres at 136.2 g/t gold equivalent and 2.9 metres at 38.8 g/t gold equivalent. The company has completed 19,600 metres of resource drilling and is targeting an updated resource, approvals application and pre-feasibility study before year-end.

Port of Tauranga has gained fast-track approval for its Stella Passage development, a key infrastructure project aimed at boosting freight capacity and supply chain efficiency in New Zealand.

Floorscape Limited has presented Bremworth Limited with a revised full takeover offer at $0.95 per share, surpassing Mangawhai Collective's partial bid. Bremworth's board is weighing shareholder feedback before deciding on the next steps.

WasteCo Group is raising $2 million through a share placement at $0.007 per share to finance a comprehensive turnaround and expansion plan amid ongoing financial challenges and a leadership overhaul.

Winton Land has named Michael Stiassny as its new independent chair, stepping into a leadership role during a period of significant board and executive change. The company is actively recruiting additional independent directors and senior executives to stabilise governance and operations.

WasteCo Group has initiated a $2 million share placement at $0.007 per share to fund its ambitious turnaround and growth strategy amid a FY 2026 loss. A Share Purchase Plan will follow, offering existing investors a chance to participate on the same terms.

Fonterra expects its FY26 underlying earnings to reach the upper limit of its 60-70 cents per share guidance, signaling steady performance and underpinning a strong dividend outlook.

Promisia Healthcare has cleared all material conditions for its $25 million acquisition of Chatswood Retirement Village in Christchurch, setting completion for 1 October 2026.

Enprise Group reported a $2.2 million net loss for FY2026 amid rising revenue and cost pressures, prompting a strategic reset aimed at returning to profitability in FY2027.

Foley Wines reported a 258% surge in net profit for FY2026 despite a 5.4% decline in bottled sales revenue, driven by a premiumisation strategy and cost controls.

Julian Cook has resigned as an executive director of Winton Land, citing fundamental disagreements with the majority shareholder on board roles and governance, following similar departures by other directors.

Hallenstein Glasson delivered a robust FY26 performance with group sales climbing 19.6% to $563 million and net profit before tax surging around 43.5%, buoyed by currency tailwinds and solid operational control.