MEC opens share offer for $1.7M

MEC Resources may be embroiled in more mess with BPH Energy – the two share Advent Energy – with another legal challenge in the Western Australian courts over supposed defamation but it is still off to market.  

MEC opens share offer for $1.7M MEC opens share offer for $1.7M MEC opens share offer for $1.7M MEC opens share offer for $1.7M MEC opens share offer for $1.7M

PEP 11 prospect

 
MEC plans to raise $1.7 million before costs via a 1-for-1 pro rata non-renounceable rights issue at a price of 0.5c per share for 341 million new shares.