Latest Shareholder Confidence News

Locate Technologies has landed a three-year contract with FedEx Australia to deploy its AI-driven Locate2u platform, marking a significant commercial win for the New Zealand logistics tech firm.

Bourns, Inc. has crossed the 90% acceptance threshold in its takeover of Rakon, making the offer unconditional and triggering compulsory acquisition rights and a planned delisting from NZX.

Cavalier Resources has secured a $4 million placement at an 11.95% discount to the 15-day VWAP, funding critical pre-production activities at its Crawford Gold Project. This capital injection complements ongoing negotiations for a US$13 million gold prepayment and a A$5 million loan, advancing the project toward production.

Patronus Resources has pledged to back Pan African Resources’ A$311 million acquisition of Emmerson Resources, raising committed shareholder support to about 32%. The backing is conditional on the share exchange ratio, absence of superior proposals, and a positive independent expert opinion.

Ardea Resources has successfully raised $340,000 through a Shareholder Purchase Plan following a $5 million placement, demonstrating shareholder confidence despite ongoing geopolitical tensions.

Hansen Technologies has updated its dividend announcement, specifying a DRP price of AUD 5.08 per share alongside a fully franked 5 cent dividend for the half-year ending December 2025.

MaxiPARTS Limited has announced a fully franked ordinary dividend of AUD 0.0415 per share for the half-year ending December 2025, alongside a confirmed dividend reinvestment plan price of AUD 1.94 per share.

Verbrec Limited reports a strong first half of FY2026, with revenue climbing to $46.1 million and EBITDA more than doubling, driven by the strategic acquisition of Alliance Automation.

WAM Active Limited has successfully closed an oversubscribed entitlement offer, raising $70.7 million and increasing its asset base by over 84%, enhancing liquidity and market presence.

Cobram Estate Olives reported a widened half-year loss driven by higher oil costs and operating expenses, while progressing its US growth strategy with a major California acquisition.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

The Takeovers Panel has declared unacceptable circumstances in Identitii Limited's recent rights issue, ordering supplementary disclosure and a reopening of the offer to protect shareholder interests and market integrity.