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MEC RESOURCES LIMITED — Board/Management Information 2020
Sep 1, 2020
65353_rns_2020-09-01_72bdf5a7-a78b-4d42-8eb3-771632081f49.pdf
Board/Management Information
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ASX ANNOUNCEMENT
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2[nd] September 2020
COMPANY UPDATE AND DIRECTOR RESIGNATION
MEC Resources Limited ( MEC or the Company ) provides the following update on the proposed inspecie distribution of its Advent shares to shareholders.
As mentioned in the Company’s announcement of 1[st] September 2020, the Company is awaiting information from Advent and has reached out to Advent in an effort to secure the requisite information and documentation to complete the notice of meeting and prospectus to effect the inspecie distribution.
In an effort to progress this, Mr Stephen Harrison has agreed to take carriage of this process and to continue with the Company’s attempts to engage with Advent.
In order to ensure his independence, and avoid any conflicts of interest, Mr Harrison has agreed to resign as a director of the Company in order to undertake this task.
The Company will keep shareholders updated in respect to its progress with Advent and the status and timing of the in-specie distribution by way of further ASX announcement.
This announcement has been approved by the Board of MEC.
Yours faithfully,
Andrew Bald Director MEC Resources
MEC Resources Ltd
ACN 113 900 020 Level 12, 255 George Street, Sydney NSW 2000 P: 0484 076 462 E: [email protected] W; www.mecresourcespdf.com.au