MEC Resources Ltd (AU:MMR) has released an update.
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MEC Resources Ltd has announced a new proposed issue of securities, set to take place on April 5, 2024. The issue will include the offering of approximately 36.4 million options and the same number of ordinary fully paid shares under the ASX code MMR. This move is intended to expand the company’s capital base and provide new investment opportunities for market participants.
For further insights into AU:MMR stock, check out TipRanks’ Stock Analysis page.