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Can MEC Resources Navigate PEP-11 Litigation with $359K Option Placement?
7:00am on Wednesday 3rd of December, 2025 AEDT
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Can MEC Resources Navigate PEP-11 Litigation with $359K Option Placement?
7:00am on Wednesday 3rd of December, 2025 AEDT
Key Points
Placement of 359 million new options at $0.001 each to raise $359,162
14.37 million options issued to directors to offset outstanding fees
Options exercisable at $0.03, expiring 12 months from issue
Offer limited to Australian holders of expired MMRO options as of 21 Nov 2025
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