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Manuka Resources Ltd ( (AU:MKR) ) has shared an announcement.
Manuka Resources Limited has issued 11,035,142 fully paid ordinary shares following the exercise of options priced at $0.06 and expiring on 15 May 2026, increasing its share capital without undertaking a formal disclosure under Part 6D.2 of the Corporations Act. The company has confirmed it is compliant with its continuous disclosure and financial reporting obligations, stated that there is no excluded or additional information required for investors to assess the company or the rights attaching to the new shares, and has lodged this notice to facilitate the unrestricted resale of these shares in the secondary market.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.22 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 resources company (ASX: MKR; NZX: MKR) engaged in the exploration and development of mineral assets. The company operates within the broader mining and resources sector, with its activities focused on acquiring, advancing and monetising resource projects for investors in the Australasian markets.
Average Trading Volume: 11,230,932
Technical Sentiment Signal: Buy
Current Market Cap: A$300.9M
See more data about MKR stock on TipRanks’ Stock Analysis page.