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MEC Resources Ltd ( (AU:MMR) ) has issued an announcement.
MEC Resources Ltd has announced the quotation of 17,958,772 ordinary fully paid shares on the ASX, effective January 24, 2025. This issuance is part of the Shortfall Offer under the Entitlement Offer Prospectus, initially lodged in September 2024. The announcement reflects the company’s strategic efforts to strengthen its financial position and enhance its market presence through capital raising activities.
More about MEC Resources Ltd
MEC Resources Ltd is a company listed on the Australian Securities Exchange (ASX), operating in the energy sector. The company is involved in the exploration and development of oil and gas projects, focusing on identifying and investing in high-potential opportunities within the energy market.
Current Market Cap: A$6.41M
For detailed information about MMR stock, go to TipRanks’ Stock Analysis page.