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Manuka Resources Ltd ( (AU:MKR) ) just unveiled an update.
Manuka Resources Ltd has announced a proposed issue of securities, including 22,500,000 warrants and 85,733,333 ordinary fully paid shares. This move is part of a strategic effort to raise capital, potentially impacting the company’s operational capacity and market positioning by providing additional financial resources to support its growth initiatives.
More about Manuka Resources Ltd
Manuka Resources Ltd is a company that operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production of precious metals and other related commodities, with a market focus on leveraging its assets to enhance shareholder value.
Average Trading Volume: 4,560,260
Technical Sentiment Signal: Buy
Current Market Cap: A$53.13M
See more data about MKR stock on TipRanks’ Stock Analysis page.