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Manuka Resources Ltd ( (AU:MKR) ) has provided an update.
Manuka Resources has issued 5,140,000 fully paid ordinary shares following the exercise of options priced at $0.06 and expiring on 15 May 2026, increasing its share capital without providing a prospectus or other disclosure document. The company has confirmed its compliance with key financial reporting and continuous disclosure obligations, stated that there is no excluded or additional information required for investors to assess the company or the rights attached to the new shares, and made this notice to facilitate the unrestricted resale of these shares on the secondary market.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Manuka Resources Ltd stock, see the AU:MKR Stock Forecast page.
More about Manuka Resources Ltd
Manuka Resources Limited is an Australia- and New Zealand-listed company (ASX: MKR, NZX: MKR). The announcement does not specify its industry, products or services, focusing solely on corporate securities matters.
Average Trading Volume: 11,012,264
Technical Sentiment Signal: Buy
Current Market Cap: A$234.7M
See more data about MKR stock on TipRanks’ Stock Analysis page.