MMR 0.00% 0.4¢ mec resources limited

Ann: Placement, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,586 Posts.
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    ''Funds raised from this capital raising will be utilised by the Company to facilitate its compliance requirements,
    work associated with moving the Company towards reinstatement to trading on the ASX and general shortterm working capital requirement.''
    This money is basically to get back trading again and keep the lights on.There will have to be another CR to go drilling etc.Let's hope re-listing isnt too far off but who knows with this circus.
 
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