MEC Resources provides update on dispute with Grandbridge Ltd

Sept 13 (Reuters) - Mec Resources Ltd (MMR)

  • Received a writ of summons on behalf of Grandbridge Ltd
  • MEC Resources - "Company believes claim is of no legal merit and company will strongly defend its position"
  • Company has been advised that no funds are owed to Grandbridge Ltd pursuant to the agreement
  • MEC Resources - Writ asserts payment should be made pursuant to agreement between co & Grandbridge that commenced in 2005, & was terminated in late 2016


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