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MEC RESOURCES LIMITED Regulatory Filings 2021

Jun 21, 2021

65353_rns_2021-06-21_ee8099ec-2c73-4068-8d15-c7815c48a454.pdf

Regulatory Filings

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ASX ANNOUNCEMENT

22 June 2021

UPDATE - VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, MEC Resources Limited (“MEC” or “the Company”) previously requested that trading in the Company’s securities be suspended from trading to 15 January 2021.[1]

On 16 December 2020, the Company had made a formal submission to the ASX which included a shareholder meeting seeking approval of various resolutions the aim of which is to have MEC readmitted to trading status.

Since then, the Company has submitted various responses to the ASX in dealing with additional information requisitions from the ASX from time to time.

The ASX has advised that “Should Advent be successful in the extension of its PEP11 oil and gas exploration lease and MEC be successful in its appeal to reinstate its status as a PDF, ASX could consider conditions for reinstatement on the basis of continuation of MEC’s existing business”.

VOLUNTARY SUSPENSION

The Company makes a request to extend the voluntary suspension period to 31 7 2021.

The Company is not aware of any reasons why the voluntary suspension extension should not be granted.

This announcement has been approved by the Board of Directors of MEC.

David Breeze Managing Director MEC Resources Ltd

1 ASX Release 5 January 2021 – Update – Voluntary Suspension

MEC Resources Ltd ACN 113 900 020 Level 1, 9 Bowman Street, South Perth WA 6151 P: +61 08 9217 2400 E: [email protected] W; www.mecresources.com.au