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MEC RESOURCES LIMITED Board/Management Information 2018

Jan 15, 2018

65353_rns_2018-01-15_f3bd2bf9-bee3-47c0-9fda-51e59c41f22d.pdf

Board/Management Information

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==> picture [139 x 60] intentionally omitted <==

16 January 2018

Australian Securities Exchange 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000 via e-lodgement

RECEIPT OF NOTICE OF INTENTION TO REMOVE DIRECTORS

On 22 December 2017, MEC Resources Ltd (ASX: MMR) (the “Company” or “MEC”) received a notice purportedly issued under section 203D of the Corporations Act 2001 (Cth) (the “Act”) (the “Notice”) from various shareholders set out in the Schedule to this announcement (together, the “Requisitionists”). The Requisitionists at that time, represented in aggregate approximately 5.004% of the votes that may be cast at a general meeting of the Company.

Shareholders need take no action at this time.

The Notice sets out the intent of the Requisitionists at the next General Meeting of the Company to move resolutions for the removal from office of all current Directors.

MMR’s detailed response to this notice and the actions taken by the requisitioning parties can be viewed on MMR’s website by copying and pasting this address into your browser:

http://www.mecresources.com.au/announcements/

MMR does not condone the actions of the Requisitionists as it is an attempt to once again distract the Board and the Company from moving forward with the assets of the Company. MMR notes that shareholders have already considered the proposed resolutions put forth by the Requisitionists. Similar resolutions were rejected at an extraordinary general meeting of the Company in March 2017.