MEC RESOURCES LIMITED — Capital/Financing Update 2015

Aug 5, 2015

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6 August 2015

Companies Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

UPDATED CAPITAL STRUCTURE

The Company wishes to update the market on its revised capital structure following the expiry of 150,000 unquoted options on 5 August 2015 issued under its Employee Option Scheme exercisable at $1.25 per option:

Quoted Securities

Ordinary Fully Paid Shares –182,832,049

Unquoted Securities

• Options exercisable at $1.25 and expiring 6 October 2015 – 250,000

• Options exercisable at $1.50 and expiring 6 October 2015 – 250,000

• Options exercisable at $1.25 and expiring 4 November 2015 –100,000

• Options exercisable at $0.80 and expiring 21 January 2016 –325,000

• Options issued under employee incentive scheme exercisable at $0.10 expiring 30 June 2018 – 950,000

• Options issued under employee incentive scheme exercisable at $0.06 expiring 31 March 2020 – 2,400,000

Yours Sincerely

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Deborah Ambrosini Executive Director