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MEC Resources Announces Director’s Share Vesting

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MEC Resources Announces Director’s Share Vesting

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The latest announcement is out from MEC Resources Ltd ( (AU:MMR) ).

MEC Resources Ltd has announced a change in the director’s interest notice for David Leslie Breeze. The change involves the vesting of 65,780,777 ordinary shares to Breeze’s nominee, Trandcorp Pty Ltd, via the MEC Employee Share Trust. This transaction was part of a previous agreement where shares were issued in lieu of director fees. The shares have vested following the reinstatement of the company’s shares to trading on the ASX.

More about MEC Resources Ltd

Current Market Cap: A$6.47M

For a thorough assessment of MMR stock, go to TipRanks’ Stock Analysis page.

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