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MEC RESOURCES LIMITED Capital/Financing Update 2026

Feb 8, 2026

65353_rns_2026-02-08_d4ae7918-8aae-4be8-bb8a-0fcdec14aa75.pdf

Capital/Financing Update

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==> picture [113 x 47] intentionally omitted <==

ASX ANNOUNCEMENT

9 February 2026

CLOSE OF OPTIONS PLACEMENT OFFER FULLY SUBSCRIBED

MEC Resources Limited ( “MEC” or the “Company” ) (ASX:MMR) advises that the Options Placement Offer (“ Offer ”) as announced on 27 October 2025 and offered pursuant to a prospectus dated 2 December 2025 ( Prospectus ) closed on 3 February 2026 fully subscribed.

The Offer was supported by the Company’s existing shareholders with a total of $359,162 raised through acceptances.

Options are expected to be issued on Tuesday, 10 February 2026, and will be quoted subject to meeting ASX quotation requirements.

Under the Offer, eligible shareholders were invited to subscribe for new options at an issue price of $0.001 per option ( Options ).

The Company advises the following:

The Company advises the following:
Ofer Results Number of Optons Subscripton Funds
Maximum Optons under Optons Placement
Prospectus
359,162,152 $359,162
Applicatons accepted 212,573,600 $212,574
Shortall Optons Taken Up 146,588,552 $146,588
Total Applicatons by Eligible Shareholders 359,162,152 $359,162
Balance Shortall Optons 0 0

The Directors wish to thank our existing shareholders for their support they have shown during this Offer. We are equally pleased to welcome our new shareholders who join us at a pivotal time as we work towards development of the Company.

David Breeze (Managing Director) authorised the release of this announcement to the market.

For further information please contact: David Breeze Managing Director Ph: +61 (0)8 93288477

MEC Resources Ltd

ACN 113 900 020 Level 1, 9 Bowman Street, South Perth WA 6151 T: +61 142 593 363 [email protected]

www.mecresources.com.au