MEC RESOURCES LIMITED — Capital/Financing Update 2025

Jan 23, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

MEC RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday January 24, 2025

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

Appendix 3B previously lodged 23 September 2024.

These shares and options are issued under the Shortfall Offer of the Entitlement Offer Prospectus lodged 23 September 2024 with supplementary prospectus lodged 11 October 2024.

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
MMRO	OPTION EXPIRING 21-NOV-2025	8,979,386	24/01/2025

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

MEC RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

Registration number

ABN 44113900020

1.3 ASX issuer code

MMR

1.4 The announcement is

New announcement

1.5 Date of this announcement

24/1/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

Yes

2.3c.1 Date of +disclosure document or +PDS?

23/9/2024

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Appendix 3B previously lodged 23 September 2024.

These shares and options are issued under the Shortfall Offer of the Entitlement Offer Prospectus lodged 23 September 2024 with supplementary prospectus lodged 11 October 2024.

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Appendix 2A - Application for quotation of securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class ASX +security code and description

MMRO : OPTION EXPIRING 21-NOV-2025

Issue date

24/1/2025 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted 8,979,386 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Free attaching options in relation to an Entitlement Offer on a 1 for 2 basis

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Part of Shortfall Offer outlined in Entitlement Offer Prospectus lodged 23 September 2024 The purpose(s) for which the entity is issuing the securities Other Please provide additional details working capital and to pay for services rendered

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
MMR : ORDINARY FULLY PAID	1,831,807,078
MMRO : OPTION EXPIRING 21-NOV-2025	373,535,605

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
MMRAA : OPTION EXPIRING 21-FEB-2025 EX $0.0055	28,988,180
MMRAB : OPTION EXPIRING 07-JUL-2025 EX $0.0055	17,105,290
MMRAC : OPTION EXPIRING 05-APR-2026 EX $0.0055	8,470,454

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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