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.
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. Most of the money will go toward...
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