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MEC RESOURCES LIMITED Major Shareholding Notification 2018

Jul 1, 2018

65353_rns_2018-07-01_d6f1e157-dd0f-4717-a1a0-2895d953e20a.pdf

Major Shareholding Notification

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ACN 089 311 026

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14 View Street North Perth, Western Australia, 6006 PO Box 317 North Perth, Western Australia 6906 Telephone + 61 (08) 9328 8400 Facsimile + 61 (08) 9328 8733 Email [email protected] Internet www.grandbridge.com.au

30 June 2018

Companies Announcements Office Australian Securities Exchange Limited 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000

CHANGE IN SHAREHOLDING IN MEC RESOURCES LIMITED

Dear Sir/Madam,

The Company wishes to advise that its recent subscription in MEC Resources Limited’s (“MEC”) Rights Issue has increased the Company’s shareholding in MEC by 4,873,681 ordinary shares to 14,621,043 ordinary shares, representing a 4.4% GBA interest in MEC.

The purchase of these shares was financed by a loan from Grandbridge’s director, Mr David Breeze.

A substantial holder notice (Form 604) has been lodged for MEC Resources reflecting a combined voting power of 11.48% .

Yours sincerely

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David Breeze Managing Director