Hi rogerd,
We strongly encourage shareholders to take up their opportunity to acquire further shares in the Company at a discount to market rates and without brokerage fees. This offer is on a first received basis.
As mentioned above, MEC is restricted in its ability to forever wholly fund Advent Energy due to its PDF registration. It is mandated to invest in companies targeting large energy and mineral resources. As with any prudent investment portfolio management, improved returns are generally achieved by a reduction in risk through diversity of assets held.
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