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Manhattan Corporation Issues 211 Million Shares for Hook Lake Project

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Manhattan Corporation Issues 211 Million Shares for Hook Lake Project

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Manhattan Corporation ( (AU:MHC) ) has shared an update.

Manhattan Corporation Limited has issued 211 million fully paid ordinary shares, including 200 million Consideration Shares and 11 million Introduction and Facilitation Shares, at nil consideration. This issuance follows shareholder approval and is part of the company’s strategic move related to the Hook Lake Project, reflecting compliance with relevant sections of the Corporations Act.

More about Manhattan Corporation

Average Trading Volume: 1,548,836

Technical Sentiment Signal: Sell

Current Market Cap: A$5.64M

Learn more about MHC stock on TipRanks’ Stock Analysis page.

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