MEC Resources Extends Offer Closing Date
Company Announcements

MEC Resources Extends Offer Closing Date

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

MEC Resources Ltd has issued a Supplementary Prospectus alongside its original one dated 23 September 2024, mainly to extend the offer’s closing date to 25 October 2024. The new document, which has been lodged with the Australian Securities and Investments Commission, also includes amendments such as the terms for a Shortfall Offer, where shares not taken up during the initial offer may be available for up to three months after the closing date. Shareholders are invited to apply for excess shares, with allocations made at the directors’ discretion in consultation with Sixty-Two Capital.

For further insights into AU:MMR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App