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MEC RESOURCES LIMITED Capital/Financing Update 2018

May 6, 2018

65353_rns_2018-05-06_c363a491-ce6d-4992-b532-cad27608ba79.pdf

Capital/Financing Update

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7 May 2018

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

via e-lodgement

Dear Sir/Madam

Pro-rata Non-Renounceable Rights Offer – Withdrawal of Offer

MEC Resources Ltd (ASX: MMR, ACN 113 900 020), the “ Company ”, refers to the pro-rata nonrenounceable rights offer announced on 13 April 2018 ( Rights Offer ) and announces that it withdraws that offer. All application monies that have been received will be refunded.

A revised offer will be made to shareholders in the coming days with improved option terms.

If you have any questions please do not hesitate to contact the Company Secretary on 08 9245 6187.

We thank you for your continued support.

Yours faithfully

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Mr Goh Hock Chairman

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MEC Resources Ltd

ACN 113 900 020 PO Box 882 West Perth WA 6872 | Suite 2 Level 3 1111 Hay Street West Perth WA 6005 T: +61 8 9245 6187 F: +61 6160 5901 [email protected] www.mecresources.com.au