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 announced the issuance of 5,000,000 Ordinary Shares following the conversion of Unlisted Options. This move, conducted without disclosure to investors under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and its strategic financial maneuvers to potentially enhance its capital structure.
More about Manuka Resources Ltd
Manuka Resources Limited is a company operating in the mining industry, focusing on the extraction and production of precious metals. The company is listed on the Australian Securities Exchange (ASX) and the New Zealand Exchange (NZX), indicating its market focus in the Australasian region.
Average Trading Volume: 4,257,674
Technical Sentiment Signal: Buy
Current Market Cap: A$66.18M
See more insights into MKR stock on TipRanks’ Stock Analysis page.