MEC Resources offers investors an exciting structure
MEC Resources offers investors an exciting structure through which to invest into exploration companies seeking large energy and mineral discoveries.
The Company has also been registered by the Australian Federal Government as a Pooled Development Fund enabling most MEC shareholders to receive tax free capital gains on their shares and tax free dividends.
MEC is registered as a Pooled Development Fund under the Pooled Development Fund Act (1992). It has been formed to invest into a variety of industries including companies that are targeting potentially large energy and mineral resources.
MEC will provide carefully selected companies with development and exploration funding. MEC intends to identify investment opportunities with a number of specific characteristics including: near to medium term revenue opportunities, large targets; a stage of development that permits a strategic investor or IPO within several years; strong and experienced management team and a definitive competitive advantage.