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Manuka Resources Issues New Shares on Exercise of Unlisted Options

Story Highlights
  • Manuka Resources issued 666,666 fully paid shares from exercised unlisted options, expanding its capital base.
  • The company confirmed the issue complied with disclosure laws and that no further material investor information is required.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manuka Resources Issues New Shares on Exercise of Unlisted Options

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Manuka Resources Ltd ( (AU:MKR) ) just unveiled an announcement.

Manuka Resources has issued 666,666 fully paid ordinary shares following the exercise of unlisted options due to expire on 15 May 2026, expanding its share capital base. The company stated that the shares were issued without a prospectus under relevant Corporations Act provisions and confirmed compliance with continuous disclosure and financial reporting obligations, indicating no additional material information is required by investors to assess the company or the rights attached to the new shares.

More about Manuka Resources Ltd

Manuka Resources Limited is an Australia-based resources company listed on the ASX and NZX under the ticker MKR. The company operates in the mining and resources sector, issuing fully paid ordinary shares as part of its capital management and securities framework for investors in the Australian and New Zealand markets.

Average Trading Volume: 15,868,203

Technical Sentiment Signal: Buy

Current Market Cap: A$147.5M

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

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