MEC RESOURCES LIMITED — Capital/Financing Update 2009

Sep 10, 2009

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11 September 2009

Companies Announcement Office Australian Securities Exchange Limited 10th Floor, 20 Bond Street SYDNEY NSW 2000

Dear Sir,

ANNOUNCEMENT TO ASX

BIOPHARMICA LIMITED (ASX:BPH) IS GRANTED AN EXCLUSIVE OPTION TO PURCHASE SHARES IN ADVENT ENERGY

MEC Resources Limited is pleased to announce that BioPharmica Limited (ASX:BPH) has taken an exclusive option to purchase shares in MEC’s investee Advent Energy Limited.

The option gives BPH the opportunity to acquire between 9.7% and 19.4% of Advent’s share capital at 50c per share which is consistent with the Talbot Group Holdings investment agreement. The investment will be subject to shareholder approval from BPH shareholders which will be sought at the 2009 Annual General Meeting which is anticipated to be held on the 11th November 2009.

This intended option is included within Advent’s current exploration capital raising programme and does not adversely impact on MEC’s anticipated shareholding in Advent Energy post completion of this capital raising.

Yours Sincerely

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David Breeze Executive Director MEC Resources Ltd PO Box 317 North Perth WA 6906 Tel: +61 8 9328 8477