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An announcement from Manuka Resources Ltd ( (AU:MKR) ) is now available.
Manuka Resources Ltd has announced the issuance of 35,620,297 Ordinary Shares at a price of $0.043 per share following a recent Placement, along with 10,960,558 shares to the Lead Manager and Sub-Underwriters as compensation for cash fees. This move increases the total number of Ordinary Shares to 1,065,384,853, signaling a strategic effort to raise capital and strengthen their financial position.
More about Manuka Resources Ltd
Manuka Resources Ltd is a company operating in the mining industry, focusing on the extraction and production of precious metals and minerals. The company is listed on the Australian Securities Exchange (ASX) under the ticker MKR.
Average Trading Volume: 1,083,759
Technical Sentiment Signal: Buy
Current Market Cap: A$48.9M
See more data about MKR stock on TipRanks’ Stock Analysis page.