Bolton Wanderers have given West Brom, and fellow Premier League new boys Hull City, permission to speak to Meite.
"I don't know what the situation is at the moment," Mowbray admitted.
"We've had a chat but, to be honest, I don't know whether it's dead or alive.
"Regarding the signing of players, I take things so far and then let other people at the club get on with it.
"They know my beliefs and thoughts on what we should and shouldn't do.
"If things happen, great. If they don't, good luck to these players.
"Meite remains a possibility."