Manuka Resources Issues 1 Million New Shares on Option Conversion
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Manuka Resources Ltd has issued 1,000,000 new ordinary shares following the exercise of unquoted options priced at $0.0834, expiring on January 24, 2026. This issuance increases its share capital and complies with financial reporting obligations. The latest analyst rating for Manuka Resources (AU:MKR) is a Hold with a price target of A$0.10. The company operates in the mining sector and is listed on both ASX and NZX under the code MKR, with a current market cap of A$140.5M.
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