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Manuka Resources Issues 3 Million Unquoted Securities

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Manuka Resources Issues 3 Million Unquoted Securities

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Manuka Resources Ltd ( (AU:MKR) ) has shared an announcement.

Manuka Resources Ltd has announced the issuance of 3,000,000 unquoted securities, specifically options expiring on May 31, 2026, with an exercise price of $0.06. This move is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility in its financial operations.

More about Manuka Resources Ltd

Manuka Resources Ltd operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is involved in the production and sale of precious metals, with a particular emphasis on silver and gold, catering to markets that demand these commodities.

Average Trading Volume: 860,637

Technical Sentiment Signal: Sell

Current Market Cap: A$31.62M

See more insights into MKR stock on TipRanks’ Stock Analysis page.

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