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Manuka Resources Ltd ( (AU:MKR) ) has provided an announcement.
Manuka Resources Limited has issued 5,000,000 fully paid ordinary shares following the exercise of options priced at A$0.06, expiring on 15 May 2026, and has done so without a disclosure document under the relevant capital-raising provisions of the Corporations Act. The company confirmed it is compliant with financial reporting and continuous disclosure obligations, stated there is no excluded or additional material information required for investors to assess the company or the rights attached to the new shares, and noted that this notice is intended to facilitate the unrestricted resale of the newly issued shares.
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 operating in the resources sector, with its primary activities focused on the exploration and development of mineral assets. The company’s securities are traded on both the ASX and NZX under the ticker MKR, positioning it within the broader mining and natural resources investment market.
Average Trading Volume: 10,937,523
Technical Sentiment Signal: Buy
Current Market Cap: A$234.7M
For an in-depth examination of MKR stock, go to TipRanks’ Overview page.