MEC RESOURCES LIMITED — Share Issue/Capital Change 2024

Nov 21, 2024

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

MEC RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday November 22, 2024

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
MMR	ORDINARY FULLY PAID	729,162,436	21/11/2024
MMRO	OPTION EXPIRING 25-OCT-2025 DEFERRED	364,556,219	21/11/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

1 / 7

Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

==> picture [21 x 22] intentionally omitted <==

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

22/11/2024

Appendix 2A - Application for quotation of securities

2 / 7

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 14-Oct-2024 19:18 Update - Update - Proposed issue of A standard +pro rata issue (non-renounceable) securities - MMR

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

The company has the ability to issue 249,810,275 shortfall shares and 124,930,138 options arising from its entitlement offer 3 months following its close date being 25 October 2024.

Appendix 2A - Application for quotation of securities

3 / 7

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description MMR : ORDINARY FULLY PAID

Issue date

21/11/2024

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000	431	0.01 %
1,001 - 5,000	356	0.06 %
5,001 - 10,000	383	0.18 %
10,001 - 100,000	1,008	2.09 %
100,001 and over	672	97.66 %

Appendix 2A - Application for quotation of securities

4 / 7

Appendix 2A - Application for quotation of securities

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities to be quoted

729,162,436

Issue currency

Issue price or consideration per +security

AUD - Australian Dollar

AUD 0.00500000

Any other information the entity wishes to provide about the +securities to be quoted

165,825,361 shares issued under the entitlement offer 446,956,008 issued as shortfall shares 116,331,067 issued as offset shares to extinguish liabilities outlined in prospectus 50,000 cleansing shares

ASX +security code and description

MMRO : OPTION EXPIRING 25-OCT-2025 DEFERRED

Issue date

21/11/2024

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000	9	0.00 %
1,001 - 5,000	44	0.04 %
5,001 - 10,000	20	0.05 %
10,001 - 100,000	106	1.31 %
100,001 and over	173	98.60 %

Appendix 2A - Application for quotation of securities

5 / 7

Appendix 2A - Application for quotation of securities

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities to be quoted

364,556,219

Issue currency

AUD - Australian Dollar

Issue price or consideration per +security

AUD 0.00000000

Any other information the entity wishes to provide about the +securities to be quoted

1 free attaching listed Option (New Option) for every 2 Shares subscribed for and issued under the Offer expiry date 12 months from date of issue being 21 Nov 2025 and exercise price of $0.03

Appendix 2A - Application for quotation of securities

6 / 7

Appendix 2A - Application for quotation of securities

==> picture [21 x 22] intentionally omitted <==

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	1,538,325,771
MMRO : OPTION EXPIRING 25-OCT-2025 DEFERRED	854,042,575

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

Appendix 2A - Application for quotation of securities

7 / 7