Business
MEC Resources Limited - ENTITLEMENT OFFER OPEN AND PROSPECTUS DISPATCH
MEC Resources Limited - ENTITLEMENT OFFER OPEN AND PROSPECTUS
About this update from Mec Resources Ltd
MEC Resources Limited ('MEC' or the 'Company') (ASX:MMR) refers to its previous announcement on 11 July 2024 in relation to its pro-rata non-renounceable entitlement offer of one (1) new fully paid ordinary shares (Share) for every one (1) share held by Eligible Shareholders at an issue price of $0.005 together with one (1) free attaching listed Option (New Option) for every two (2) Shares subscribed for and issued to raise up to $4,894,864 (before costs) (Entitlement Offer). The Company lodged a prospectus for the Entitlement Offer (Prospectus) with ASIC and ASX on 23 September 2024 . The Company is pleased to announce that the Prospectus and accompanying Entitlement and Acceptance Form have been dispatched to Eligible Shareholders (as defined in the Prospectus) and the Entitlement Offer is now open. The Prospectus is available for Eligible Shareholders to view via the Company's website at the following link: https://www.mecresources.com.au/investors/prospectus/ and the Share Registry's website www.investorserve.com.au. Eligible Shareholders should carefully read the Prospectus for further details about the Entitlement Offer, including how to participate in the Entitlement Offer. A letter to ineligible shareholders notifying them of the Offer and their inability to participate has also been despatched. The Entitlement Offer is scheduled to close at 5:00pm (AEDT) on Friday, 18 October 2024 (unless extended). If Eligible Shareholders have any questions in relation to the Entitlement Offer, they should contact their stockbroker, accountant, solicitor, or other professional advisor or contact the Company's share registry, Boardroom Pty Ltd , by phone on 1300 737 760 (within Australia ) or +61 2 9290 9600 (outside Australia ) during the Entitlement Offer period. Contact: David Breeze Managing Director Tel: +61 (0)8 9328 8477 Not an offer in the United States This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States . This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws (C) 2024 Electronic News Publishing, source ENP Newswire