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The latest update is out from Manuka Resources Ltd ( (AU:MKR) ).
Manuka Resources Ltd has announced a fully underwritten non-renounceable entitlement offer of new shares to existing eligible shareholders. This move aims to raise capital without requiring a disclosure under the Corporations Act. The company anticipates that the entitlement offer will not materially affect its control structure, with further details to be provided in an offer booklet to be distributed to shareholders.
More about Manuka Resources Ltd
Manuka Resources Ltd is a company operating in the resources industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker MKR.
Average Trading Volume: 1,122,540
Technical Sentiment Signal: Hold
Current Market Cap: A$36.68M
Find detailed analytics on MKR stock on TipRanks’ Stock Analysis page.