MEC Resources Ltd (ASX: MMR) Share Price and News

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MEC Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $9.16 million
P/E Ratio N/A
Dividend Yield 0.00%
Shares Outstanding 1.83 billion
Earnings per share -0.001
Dividend per share N/A
Year To Date Return N/A
Earnings Yield N/A
Franking -
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as at 24 Feb 3:44pm

  • MEC Resources Ltd (ASX: MMR)
    Latest News

    a woman
    ⏸️ Investing

    6 listed funds with tax free capital gains and dividends

    Pooled Development Funds offer attractive tax treatment but come with high risk.

    Read more »

    MMR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About MEC Resources Ltd

    MEC Resources Ltd is a pooled development fund company that allows to invest in mineral exploration companies.

    MMR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    16 Dec 2024 $0.01 $0.00 0.00% 807,000 $0.00 $0.01 $0.00
    13 Dec 2024 $0.00 $0.00 0.00% 1,196,172 $0.00 $0.00 $0.00
    12 Dec 2024 $0.00 $0.00 0.00% 410,946 $0.00 $0.00 $0.00
    11 Dec 2024 $0.00 $0.00 0.00% 3,718,493 $0.00 $0.00 $0.00
    10 Dec 2024 $0.00 $0.00 0.00% 691,249 $0.00 $0.00 $0.00
    09 Dec 2024 $0.00 $0.00 0.00% 12,156,936 $0.00 $0.00 $0.00
    06 Dec 2024 $0.01 $0.00 0.00% 1,652,851 $0.00 $0.01 $0.00
    05 Dec 2024 $0.00 $0.00 0.00% 16,564,074 $0.00 $0.00 $0.00
    04 Dec 2024 $0.00 $0.00 0.00% 5,618,116 $0.01 $0.01 $0.00
    03 Dec 2024 $0.01 $0.00 0.00% 1,170,300 $0.01 $0.01 $0.01

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    21 Nov 2024 David Breeze Issued 8,875,907 $29,586
    Director remuneration.
    21 Nov 2024 David Breeze Issued 7,172,540 $23,908
    Director remuneration. As per announcement on 25-11-2024
    21 Nov 2024 David Breeze Issued 8,024,224 $26,747
    Director remuneration.
    21 Nov 2024 Andrew Jones Issued 10,081,720 $33,606
    Director remuneration.
    21 Nov 2024 Andrew Jones Issued 5,040,860 $16,803
    Director remuneration.
    21 Nov 2024 Peter Richards Issued 6,349,229 $25,396
    Rights issue.
    21 Nov 2024 Peter Richards Issued 11,562,094 $57,810
    Rights issue.
    21 Nov 2024 Peter Richards Issued 1,136,364 $5,681
    Rights issue.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr David Leslie Breeze Managing Director Oct 2020
    Mr Breeze has experience in the stock broking industry and capital markets. He has been a corporate consultant to Daiwa Securities; and held executive and director positions in the stock broking industry. He has published in the Journal of Securities Institute of Australia and has also acted as on Independent Expert under the Corporations Act. He has worked on the structuring, capital raising and public listing of over 70 companies involving in excess of $250M. These capital raisings covered a range of areas including oil and gas, gold, food, manufacturing and technology. In the past three years David has also held the listed company directorships in BPH (from February 2001 to present) and is an executive Director of Advent Energy Ltd and its subsidiaries.
    Mr Andrew Thomas Jones Non-Executive Director Sep 2020
    Mr Jones has over 14 years of experience in financial markets and is a Corporate Advisor with a history of working within the finance industry. He has worked with stockbroking and capital firms in Perth providing corporate advice to ASX companies. Andrew is skilled in mergers & acquisitions, corporate finance, investor relations and corporate communications. Andrew led the Aziana Ltd/BrainChip Inc. merger through to a listing in September 2015. Andrew secured their initial funding and then secured Aziana as the acquisition company to complete a re listing on the ASX. Andrew's focus is providing corporate advice to ASX companies and specialises in capital raising solutions as well as developing customised corporate strategies. He has worked primarily in the resources sector, however, has covered a range of other market sectors during his career raising capital and providing corporate advice and management. Recently, Andrew has been working with a few private companies to prepare them for a public listing on the ASX, whether that be a reverse takeover/backdoor listing or IPO.
    Mr Robert Marusco Company Secretary Sep 2019
    Mr Marusco has over 30 years of experience specialising in financial reporting, taxation law, corporate law and financial strategy. Furthermore, Mr Marusco has experience and competence in equity capital markets, debt advisory and importantly operational knowledge in relation to capital raising support and facilitation, corporate management including secretarial, governance and compliance dealing with the ASX, ASIC and other authorities for both ASX listed public and private corporations. Mr Marusco has previously fulfilled board roles for a number of ASX listed public and private companies as non-executive director and company secretary along with compliance committee positions.
    Mr Anthony (Tony) Huston Non-Executive Director Oct 2020
    Mr Huston has been involved for over 40 years in engineering and hydrocarbon industries for on and offshore exploration/development. Early career experience commenced with Fitzroy Engineering Ltd, primarily working on development of onshore oil fields. During the 1990's Tony managed JFP NZ International, a Texas based exploration company that included a jack up rig operating in NZ waters. In 1994 Tony oversaw the environmental consent process required to drill a near inshore well that was drilled from 'land' into the offshore basin during 1995. In 1996 Tony formed his own E&P Company to focus re-entry of onshore wells, primarily targeting shallow pay that had been passed or ignored from previous operations. Recent focus (12 years) has been to utilise new technology for enhanced resource recover/ and has been in fields, including US, Mexico, Oman, Italy, and Turkmenistan. During the last 3 years Tony has been a director of listed company BPH Energy Limited from June 2017 to present and is a non-executive Director of Advent Energy Ltd and Clean Carbon Technologies Corp.
    Mr Stephen Gyula Kelemen Non-Executive Director Feb 2018
    --
    Mr Tom Fontaine Non-Executive Director Aug 2019
    Mr Fontaine is a reservoir engineer with over 25 years of experience in project evaluation management, development and capital raising. Tom has been part owner of petroleum engineering companies Epic Consulting in Canada and Focal Petroleum in Australia and has provided technical services to many companies worldwide. He is also primarily responsible for the startup and subsequent listing on ASX of Bounty Oil & Gas NL in 2002, and Coal Bed Methane Company Pure Energy Resources Pty Ltd in 2006 which was acquired in 2009 by BG Group Plc in a $1 billion takeover. Tom is also currently involved with several small exploration companies in Canada, Russia, Cuba, Nepal, Timor Leste and Africa. During the last 3 years Tom has been a director of ASX listed company Kinetiko (ASX:KKO
    Mr Peter Martin Graham Richards Non-Executive Director Jun 2024
    Mr Richards has acted as a public company director in the financial services sector and understands the finance and investment industries and regulatory compliance. He has been a nominated Responsible Person on a number of Australian Financial Services Licences. His history includes being retained by the ASIC as a consultant on financial services industry regulatory compliance standards and he has acted for the ASIC as an expert witness. His related entity investment interests have been listed as top twenty investors in multiple ASX listed companies. He manages his own investment interests.

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Advent Energy Ltd 124,708,409 11.93%
    Catalyst Two Pty Ltd <Mec Employee Share A/C> 99,319,147 9.50%
    Protax Nominees Pty Ltd <Richards Super Fund A/C> 30,698,458 2.94%
    Sandwich Holdings Pty Ltd 26,250,000 2.51%
    Marusco Investments Pty Ltd <Marusco S/F A/C> 25,396,100 2.43%
    Mrs Louise Ann Evans 22,000,000 2.11%
    Mrs Julie Pamela Verley 21,574,736 2.06%
    HSBC Custody Nominees (Australia) Limited 20,875,450 2.00%
    Bujo Pty Ltd 20,000,000 1.91%
    Eastwood Financial & Investment Services Pty Ltd <G & E Super Fund A/C> 16,400,742 1.57%
    David Dominic Pevcic 14,401,591 1.38%
    Hera Investments Pty Ltd 14,218,096 1.36%
    Citicorp Nominees Pty Limited 14,125,104 1.35%
    Mr Andrew Stephen Evans 13,841,685 1.32%
    Geoffrey Neil Murray 12,174,148 1.16%
    Mr Robert Anthony Healy 11,868,108 1.14%
    Mr Mark Jerome Fenton 10,841,686 1.04%
    Griffiths Sf Pty Ltd <Griffiths Super Fund A/C> 10,000,000 0.96%
    Mr Bilal Ahmad 9,488,636 0.91%
    Mr Sufian Ahmad <Sixty Two Capital A/C> 9,488,636 0.91%

    Profile

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