Manuka Resources LtdASX: MKR

$A14.5 Million to Complete Silver Circuit

· Issued by Manuka Resources Ltd

Filed with ASX · · 3 pages · English

Summary by 6ix AI

The funds will primarily be used for the commissioning of the Wonawinta silver de-slime circuits and working capital during the production ramp-up. The placement received strong support from institutional and professional investors, reflecting confidence in the company's production strategy. Construction of the de-slime circuit is targeted for completion in the fourth quarter of the year, with silver revenues expected to begin in early the following year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Manuka Resources Ltd on 6ix

In the deck

Earlier from Manuka Resources

Later from Manuka Resources

All Manuka Resources news releases