tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MEC Resources Issues Shares to Directors in Fee Arrangement

Story Highlights
MEC Resources Issues Shares to Directors in Fee Arrangement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

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
1