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MEC RESOURCES LIMITED — Capital/Financing Update 2010
Oct 12, 2010
65353_rns_2010-10-12_80fa2d36-d04d-412d-a63d-c592a89770e4.pdf
Capital/Financing Update
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13 October 2010
Companies Announcements Office Australian Securities Exchange Limited Exchange Centre 10[th] Floor, 20 Bond Street SYDNEY NSW 2000
Dear Sir/Madam,
MEC Resources Ltd Non Renounceable Rights Issue – Notice of Under Subscriptions
MEC Resources Ltd (“MEC”) is pleased to advise that the Non Renounceable Rights Issue closed on Friday 8[th] October 2010 over subscribed including Shortfall applications.
Shareholders applied for 6,580,842 Entitlement Shares representing a 55% take up of their Entitlement. A total of $6,339,251 was received from this offer.
The Directors are reviewing shortfall applications and allotment of the Entitlement Shares and Shortfall Shares is expected to take place on Thursday 14[th] of October 2010.
The Directors wish to thank all eligible shareholders for their continued support.
Yours sincerely,
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Deborah Ambrosini Director
For more information contact: Ms Deborah Ambrosini Director / Company Secretary MEC Resources Limited Tel: +61 8 9328 8477
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MEC Resources Ltd
ACN 113 900 020 PO Box 317, North Perth, WA 6906 14 View Street, North Perth 6006, Western Australia T: +61 8 9328 8477 F: +61 8 9328 8733 [email protected] www.mecresources.com.au