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Manuka Resources Ltd Issues New Shares to Boost Capital

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Manuka Resources Ltd Issues New Shares to Boost Capital

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Manuka Resources Ltd ( (AU:MKR) ) has provided an update.

Manuka Resources Ltd has announced the issuance of 3,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code MKR. This move is part of the company’s strategy to enhance its capital structure and potentially support its growth initiatives in the mining sector.

More about Manuka Resources Ltd

Manuka Resources Ltd operates in the mining industry, focusing on the extraction and production of precious metals. The company is primarily involved in the exploration and development of mineral resources, with a market focus on expanding its mining operations and increasing its output of valuable commodities.

Average Trading Volume: 5,223,353

Technical Sentiment Signal: Buy

Current Market Cap: A$73.05M

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

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