MEC Resources Raises $2.65M, Eyes ASX Return

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

MEC Resources Ltd successfully closed its entitlement offer, raising approximately $2.65 million, with substantial participation from existing shareholders and additional funds secured through a shortfall offer. The company plans to issue new shares and options, with intentions to attract strategic investors. MEC is working towards reinstatement on the ASX, marking a promising phase for both current and new shareholders.

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