July 21, 2017 / 8:46 AM / a month ago

BRIEF-MEC Resources updates on dispute with BPH Energy and Grandbridge

July 21 (Reuters) - MEC Resources Ltd

* Update on dispute with BPH and GBA

* Claims between each of bph energy ltd, grandbridge ltd and mec have been temporarily suspended

* Withdrew its statutory demand issued to BPH Energy Ltd on 3 July

* Confirms that a settlement conference will be held between company, Bph Energy Ltd and Grandbridge Ltd

* "‍Withdrawal of statutory demand by mec should not be construed as mec resiling from amounts it alleges are owed to it"​

* Statutory demand was issued to BPH Energy in relation to alleged default on repayment by BPH Energy LTD under formal loan agreement Source text for Eikon: Further company coverage:

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