MEC Resources Ltd Updates Securities Offering

MEC Resources Ltd (AU:MMR) has released an update.

MEC Resources Ltd has announced an update regarding its proposed securities issue, including a supplementary prospectus and an extended closing date. The update indicates that eligible shareholders now have the opportunity to apply for Shortfall Securities, the allocation of which will be determined at the discretion of the company’s Directors. The securities offering is non-renounceable, emphasizing the company’s strategic approach towards its capital structure.

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