MEC RESOURCES LIMITED — Capital/Financing Update 2018

Jul 2, 2018

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

3 July 2018

Australian Securities Exchange 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000

via e-lodgement

Updated Capital Structure

The Company wishes to update the market on its revised capital structure following the expiry of 950,000 unquoted options on 2 July 2018 issued under the Employee Option Scheme exercisable at 10c per option.

Quoted Securities

Ordinary fully paid shares - 331,060,460

Unquoted Securities

Options issued under the Employee Incentive Scheme exercisable at $0.06 expiring 31 March 2020 – 2,400,000

Options issued under the Entitlements Issue announced on 8 May 2018 exercisable at $0.04 expiring 26 June 2020 – 59,114,729

Yours faithfully

==> picture [127 x 42] intentionally omitted <==

Deborah Ambrosini Director

==> picture [136 x 119] intentionally omitted <==

MEC Resources Ltd

ACN 113 900 020 PO Box 882, West Perth, WA 6872 Suite 2, Level 3, 1111 Hay Street | West Perth | Western Australia | 6005 T: +61 8 9245 6187 F: +61 8 9200 6193 info@mecresources.com.au www.mecresources.com.au