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How Manuka Resources Secured $8M Through Underwritten Offer and Placement
6:01pm on Tuesday 5th of August, 2025 AEST
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How Manuka Resources Secured $8M Through Underwritten Offer and Placement
6:01pm on Tuesday 5th of August, 2025 AEST
Key Points
Fully underwritten entitlement offer raised approximately $8 million
Valid applications covered only about $1.08 million; shortfall allocated to sub-underwriters
Additional placement issued to sub-underwriters and creditors raising $1.53 million
Options granted to sub-underwriters exercisable at $0.10 over three years
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