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MEC Resources (ASX:MMR) Advent Energy Capital Raising

Advent Energy Capital Raising
 
MEC Resources (ASX:MMR) has been advised by its investee company Advent Energy Limited (Advent) of the successful completion of their recent book build.
 
In conjunction with international corporate advisors Pareto, Advent successfully closed its recent book build following the placement of 11,920,000 shares at an issue price of A$1.25 per share.
 
Equity placements under the book build have been made to BPH Energy Limited (formerly BPH Corporate) (ASX: BPH) and an asian based hydrocarbons group.
 
The major shareholders of Advent are now:
MEC Resources (ASX: MMR)
BPH Energy (ASX: BPH)
Talbot Group Investments
Grandbridge (ASX: GBA)
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