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The latest announcement is out from MEC Resources Ltd ( (AU:MMR) ).
MEC Resources Ltd has announced the issuance of 22,224,000 fully paid ordinary shares to directors Anthony Huston and Peter Richards as compensation for directors’ fees, following shareholder approval at a recent general meeting. This move is part of the company’s strategy to manage its financial commitments and align the interests of its directors with those of its shareholders, potentially impacting its financial structure and market perception.
More about MEC Resources Ltd
Current Market Cap: A$14.8M
See more data about MMR stock on TipRanks’ Stock Analysis page.