tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Manuka Resources Expands Share Capital with New Issuance

Story Highlights
Manuka Resources Expands Share Capital with New Issuance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Manuka Resources Limited has issued 2,000,000 Ordinary Shares following the conversion of Unlisted Options, which were exercisable at $0.0504 and set to expire on 17 November 2025. This issuance increases the total number of Ordinary Shares to 1,067,384,853, reflecting the company’s compliance with regulatory requirements and its ongoing efforts to enhance its capital structure.

More about Manuka Resources Ltd

Manuka Resources Limited operates in the mining industry, focusing on the extraction and production of precious metals. The company is listed on the Australian Securities Exchange (ASX) and New Zealand Exchange (NZX), indicating its market focus in these regions.

Average Trading Volume: 2,020,226

Technical Sentiment Signal: Buy

Current Market Cap: A$66.05M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1