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MANUKA RESOURCES LTD. — Capital/Financing Update 2021
Apr 27, 2021
65340_rns_2021-04-27_7f0b711c-b139-49e6-aecf-c98a974c0de1.pdf
Capital/Financing Update
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ASX Announcement 28 April 2021 ASX: MKR
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Manuka Resources Release of Escrow
Manuka Resources Limited (“ Manuka ” or the “ Company ”) hereby announces, in accordance with Listing Rule 3.10A, the following securities will be released from escrow.
Securities Number of Securities Escrow period expiry Options exercisable at 25 cents on or before 1,500,000 6 May 2021 17 April 2023
The options are unlisted and will remain unquoted. The Company will apply for quotation of the underlying shares on 6 May 2021 should any of the abovementioned options be exercised be exercised prior to 6 May 2021, or alternatively, should any of the options be exercised after 6 May 2021, then the Company will apply for quotation of the underlying shares on the date of exercise.
The release of unlisted options from escrow will not affect any other escrowed securities held under their respective mandatory escrow restriction agreements.
| Restricted Securities which will remain in | Number of Securities Escrow period expiry | Number of Securities Escrow period expiry |
|---|---|---|
| escrow | ||
| Fully Paid Ordinary shares | 2,500,000 | 11 May 2021 |
| Fully Paid Ordinary shares | 595,593 | 12 May 2021 |
| Fully Paid Ordinary shares | 5,088,606 | 8 July 2021 |
| Fully Paid Ordinary shares | 167,862,649 | 14 July 2022 |
| Options exercisable at 25 cents on or before | 6,500,000 | 14 July 2022 |
| 17 April 2023 | ||
| Options exercisable at 25 cents on or before | 10,000,000 | 14 July 2022 |
| 14 July 2023 |
This announcement has been approved for release by Dennis Karp.
For further information contact:
Dennis Karp Executive Chairman Manuka Resources Ltd 0412 268 114
Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000 ABN 80 611 963 225 tel +61 412 268114 www.manukaresources.com.au
www.manukaresources.com.au
Investor Relations
Ben Henri, Media & Capital Partners 0473 246 040 [email protected]
For further information visit the website: https://www.manukaresources.com.au Visit us on LinkedIn: https://www.linkedin.com/company/manuka-resources-limited/ Visit us on Twitter: https://twitter.com/ManukaResources
About Manuka
Manuka Resources Limited (ASX: MKR) is an Australian mining company located in the Cobar Basin, central west New South Wales. It is the 100% owner of two fully permitted gold and silver projects which include the following:
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Mt Boppy Gold mine and neighbouring tenements. The Mt Boppy project is currently in production and processing its gold ore through the Company’s processing plant at Wonawinta.
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Wonawinta silver project, with mine, processing plant and neighbouring tenements. The Wonawinta processing plant has a nameplate capacity of 850,000 tonnes per year.
The Wonawinta silver project was previously the largest producer of primary silver in Australia. Manuka intends to return it to the production of silver doré in Q4 2021, following the completion of the current phase of mining at Mt Boppy.
Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000 ABN 80 611 963 225 tel +61 412 268114 www.manukaresources.com.au
www.manukaresources.com.au