Holding(s) in Company

RNS Number : 5456X

MC Mining Limited

01 September 2020

 

ANNOUNCEMENT  1 September 2020

HOLDINGS IN COMPANY

MC Mining Limited (the "Company" or "MC Mining") has been notified by Pan African Resources Plc   ("PAR") that as at 24 August 2020, PAR held 15,432,581   ordinary shares of nil par value each in the Company, representing 9.99 per cent of the Company's issued share capital at that date.

PAR subscribed for 2,368,199 ordinary shares as part of MC Mining's 1 7 August 2020 placement of 13,331,433 shares. This subscription increased PAR's interest in the Company's issued share capital by 0.73 per cent.

Further details on the holding are available on the Company's website, http://www.mcmining.co.za.

Authorised by

Tony Bevan

Company Secretary

This announcement has been approved by the Company's Disclosure Committee.

For more information contact:
Brenda Berlin	Acting Chief Executive Officer	MC Mining Limited	[phone]
Tony Bevan	Company Secretary	Endeavour Corporate Services	[phone]
Company advisors:
Ross Allister/David McKeown	Nominated Adviser and Broker	Peel Hunt LLP	[phone]
James Duncan	Financial PR (South Africa)	R&A Strategic Communications	[phone]
Investec Bank Limited is the nominated JSE Sponsor

About MC Mining Limited:

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. MC Mining's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (hard coking coal). Vele Colliery (semi-soft coking coal), and the Greater Soutpansberg Projects (coking and thermal coal).

 

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