March 22 (Reuters) - Manhattan Corp Ltd MHC.AX :
* $3 MILLION PLACEMENT TO ADVANCE DRILLING
* FUNDS TO ACCELERATE DRILLING AT SHALLOW HIGH GRADE GOLD PROSPECTS AT NEW BENDIGO AND ADDITIONAL SOUTHERN TARGETS
* SHARES UNDER PLACEMENT WILL BE ISSUED AT $0.015/SHARE
* SETTLEMENT IS EXPECTED TO OCCUR ON OR AROUND 26 MARCH 2021