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MEC Resources Ltd Announces New Options Placement

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MEC Resources Ltd Announces New Options Placement

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MEC Resources Ltd ( (AU:MMR) ) just unveiled an announcement.

MEC Resources Ltd is offering up to 359,162,152 New Options at a price of $0.001 per option, aiming to raise approximately $359,162. Additionally, 14,373,453 New Options are being offered to Directors or their nominees. The company emphasizes that these options are highly speculative and advises potential investors to seek professional advice. The offer is being made under an arrangement with Veritas Securities Limited, as MEC Resources does not hold an Australian Financial Services Licence. The company is a disclosing entity under the Corporations Act and is subject to continuous disclosure obligations.

More about MEC Resources Ltd

Current Market Cap: A$9.36M

See more data about MMR stock on TipRanks’ Stock Analysis page.

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