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Manuka Resources Launches A$8 Million Entitlement Offer

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Manuka Resources Launches A$8 Million Entitlement Offer

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An announcement from Manuka Resources Ltd ( (AU:MKR) ) is now available.

Manuka Resources Limited has announced the dispatch of an offer booklet for its A$8.0 million fully underwritten non-renounceable entitlement offer of new shares. This offer is now open to eligible shareholders and will close on 31 July 2025. The capital raised is expected to support the company’s ongoing operations and strategic initiatives, potentially strengthening its market position and providing value to stakeholders.

More about Manuka Resources Ltd

Manuka Resources Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker MKR. The company operates in the resources sector, focusing on the exploration and development of mineral resources.

Average Trading Volume: 1,118,543

Technical Sentiment Signal: Buy

Current Market Cap: A$47.88M

Find detailed analytics on MKR stock on TipRanks’ Stock Analysis page.

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