🕒 Monday 21 September 2026 Mon, 21 Sept 2026

The Colonial Motor Company (NZX:CMO) increased shareholder profit, lifted its annual dividend and sharply reduced borrowings and inventory in 2026. The New Zealand automotive group is entering a more difficult trading period, however, with price pressure, new-brand competition and a chair transition ahead.

G11 Resources has designed three drill holes to test the Northeast Pyrite copper-gold target in western Tasmania, close to the Great Lyell Fault and Mt Lyell deposits. The program may receive up to $120,000 in Tasmanian Government co-funding, but the geological case still rests heavily on unverified historical data.

North Stawell Minerals has extended a steep west-dipping gold-bearing structure at Darlington with a 0.5-metre intercept, though the latest grade is well below nearby high-grade results. The company says the trend remains open at depth and along strike, with further drilling needed to test its potential scale.

Silver Mines is seeking A$70 million from investors while agreeing to spend A$26 million to remove two private royalties from its Bowdens Silver Project. The strategy could simplify Bowdens’ economics, but the royalty deals depend on securing at least A$50 million in placement commitments and meeting approval conditions.

Argent Minerals has reported its first laboratory assays from Trunkey Creek, with narrow but high-grade gold intersections beyond a void interpreted as historic underground workings. The results strengthen the case for deeper drilling, while leaving the size and continuity of the mineralisation unresolved.

Fitzroy River has agreed to sell its long-held Bowdens Silver royalty to Silver Mines for A$17.5 million, including A$7.5 million in Silver Mines shares. The company intends to return the net proceeds to shareholders, but completion remains conditional on funding and regulatory steps.

Kinatico will deploy up to $5 million of existing cash reserves to buy back as many as 43.2 million shares, arguing its current share price does not reflect the company’s underlying value. The on-market program is due to begin on 5 October and may run for up to 12 months.

Nyrada has secured AU$12.0 million from institutional and sophisticated investors, with a further AU$2.0 million shareholder purchase plan planned, giving the biotech funding to advance its Xolatryp clinical programs. The raise also carries substantial dilution and an unusually large proposed director subscription worth AU$5.125 million, subject to shareholder approval.

Wildcat Resources has secured firm commitments for a A$60 million institutional placement to push Tabba Tabba into engineering, site establishment and construction readiness ahead of a definitive feasibility study targeted for later in 2026. The raise strengthens funding, but part of the share issue still requires shareholder approval and the financing does not establish a final investment decision.

EQT Holdings says the indicative takeover prices from TPG Global and BGH Capital do not reflect the value of Equity Trustees, but has opened the door to improved proposals. Both parties have confirmed their prices will not be reduced by EQT's 20-cent FY26 final dividend.

Saturn Metals has extended the Apollo Hill gold system up to 1km north of its existing 2.83Moz Mineral Resource, with several high-grade intersections among the latest results. A 50-hole, 10,000m RC program is now underway to test continuity and support a planned resource update.

American Rare Earths has reported broad, near-surface rare earth mineralisation from the first six holes of its 2026 feasibility drilling program in Wyoming. The results are encouraging for geological continuity, but they cover only part of the program and do not yet represent a new resource estimate.

Helloworld Travel has agreed to acquire Crown Currency Exchange for $135 million, adding 68 Australian stores and an FY26 underlying EBITDA stream of $22 million. The transaction expands Helloworld’s retail footprint but will also introduce a mix of NAB debt, vendor financing and a share placement.

Antimony Resources has begun trading under the ANT code as its Tecomatlán processing plant in Mexico moves closer to its first processing campaign. About 200 tonnes of mineralised material has been prepared, but assay results and commissioning outcomes are still to come.

IVE Group has agreed to acquire digital place-based media operator Motio for approximately $20.7 million, adding more than 1,300 screens to its marketing platform. The transaction is expected to be earnings and EPS accretive, but remains subject to shareholder, Court and other conditions.

Western Mines Group has identified broad nickel sulphide mineralisation across six holes on the western margin of Mulga Tank, including a shallow 13m zone grading 0.41% nickel. The results also support a geological model that could guide follow-up drilling towards richer zones, ahead of a government-backed seismic survey.

Killi Resources has intersected a 50-metre zone of visually estimated crystalline magnetite 600 metres south of Lodestone’s existing 110Mt inferred resource. The result also identified a separate 16-metre hanging-wall zone, but assays and metallurgical testing are still pending.

WCM Global Growth has secured full underwriting for its $6.5 million Dividend Reinvestment Plan tied to a fully franked 2.35 cents per share final dividend. The issue price is due on 22 September, with the new shares scheduled for issue eight days later.

ReNerve has converted regulatory approvals into its first commercial NervAlign Nerve Cuff surgeries in Hong Kong and Malaysia, expanding activity to seven jurisdictions. The milestones arrive as FY26 sales climbed 88% to $510,357 and the company builds out its US distribution network.

CMS has finalised higher Medicare inpatient reimbursement for EBR Systems’ WiSE System, lifting base payment rates by up to 93% from 1 October 2026. The change improves the commercial payment pathway, although its financial impact will depend on procedure volumes, hospital adoption and NTAP eligibility.

Motio has agreed to a recommended all-cash scheme with IVE Group that values each share at 6 cents, a premium to recent trading levels. Completion remains subject to shareholder, optionholder and Court approvals, an Independent Expert’s report and other conditions.

Enterprise Metals has secured $1.2 million in discounted equity funding alongside a proposed board overhaul led by mining executives Phillip Gallagher and Steven Zaninovich. The incoming team will review the company’s Western Australian portfolio and decide where its limited exploration capital should go next.

Avenira has extended its $48.9 million renounceable rights issue by more than a month as it seeks strategic and cornerstone investors. About $10.4 million has been received from investors other than major shareholder Hebang, leaving roughly $9.1 million of that allocation still available.

Great Southern Mining has returned high-grade gold intercepts from the first 19 RC holes at Golden Boulder, including 2m at 10.72 g/t. The results extend mineralisation down dip and leave most of the 14,000m program still to come.