Result of Annual General Meeting

MC Mining Limited

30 November 2023

 

ANNOUNCEMENT                                                                                                                           30 November 2023

RESULTS OF ANNUAL GENERAL MEETING

MC Mining Limited announces that the Annual General Meeting of Shareholders was held today, 30 November 2023.

Resolutions 2 to 4 were carried and all other Resolutions were not carried, including Resolution 15, which was proposed as a special resolution, to permit the Company to issue new ordinary shares equal to 10% of the Company's issued share capital. Resolution 1 was not carried but was proposed as a non-binding resolution. The issue of Performance Rights proposed under Resolutions 6 to 14 will not proceed.

In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, set out in the annexure to this announcement are the details of the resolutions, the proxies received, and the total number of votes cast on the poll in relation to each resolution in the Notice of Meeting.

Authorised by

Tony Bevan

Company Secretary

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

ASX:  MCM / AIM: MCM.L / JSE: MCZ

For more information contact:
	Tony Bevan	Company Secretary		Endeavour Corporate Services		[phone]
	Company advisors:
	Richard Johnson / Rob Patrick	Nominated Adviser		Strand Hanson Limited		[phone]
	Rory Scott	Broker (AIM)		Tennyson Securities		[phone]
	Marion Brower	Financial PR (South Africa)		R&A Strategic Communications		[phone]
	BSM Sponsors Proprietary 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 (steelmaking and thermal coal), Makhado Project (steelmaking hard coking coal), Vele Colliery (steelmaking semi-soft coking and thermal coal), and the Greater Soutpansberg Projects (steelmaking coking and thermal coal).

ANNUAL GENERAL MEETING - Thursday 30^th November 2023

RESULTS OF MEETING

The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2

Resolution details		Instructions given to validly appointed proxies (as at proxy close)				Number of votes cast on the poll			Resolution Result
Resolution	Resolution Type	For	Against	Proxy Discretion	Abstain	For	Against	Abstain	Carried/ Not Carried
Resolution 1: Adoption of Remuneration Report	Non-binding	21,308,971 27.47%	56,253,554 72.53%	687 0.00%	6,482,643	21,309,658 27.47%	56,253,554 72.53%	6,482,643	Not Carried
Resolution 2: Re-election of Director - Andrew Mifflin	Ordinary	170,712,294 99.89%	185,680 0.11%	687 0.00%	6,333,736	170,712,981 99.89%	185,680 0.11%	6,333,736	Carried
Resolution 3: Election of Director - Yi (Christine) He	Ordinary	170,708,275 99.89%	189,685 0.11%	687 0.00%	6,333,750	170,708,962 99.89%	189,685 0.11%	6,333,750	Carried
Resolution 4: Election of Director - Julian Hoskin	Ordinary	170,717,339 99.89%	180,635 0.11%	687 0.00%	6,333,736	1,707,18,026 99.89%	180,635 0.11%	6,333,736	Carried
Resolution 5: Issue of Shares - Godfrey Gomwe	Ordinary	546,103 0.32%	170,351,964 99.68%	687 0.00%	6,333,643	546,790 0.32%	170,351,964 99.68%	6,333,643	Not Carried
Resolution 6: Grant of Performance Rights to Director - Nhlanhla Nene	Ordinary	546,048 0.31%	176,658,636 99.69%	742 0.00%	26,971	546,790 0.31%	176,658,636 99.69%	26,971	Not Carried
Resolution 7: Grant of Performance Rights to Director - Khomotso Mosehla	Ordinary	551,089 0.31%	176,653,636 99.69%	687 0.00%	26,985	551,776 0.31%	176,653,636 99.69%	26,985	Not Carried
Resolution 8: Grant of Performance Rights to Director - Zhen (Brian) He	Ordinary	551,103 0.32%	173,811,798 99.68%	687 0.00%	26,971	551,790 0.32%	173,811,798 99.68%	26,971	Not Carried
Resolution 9: Grant of Performance Rights to Director - An Chee Sin	Ordinary	545,628 0.31%	176,658,636 99.69%	687 0.00%	27,446	546,315 0.31%	176,658,636 99.69%	27,446	Not Carried
Resolution 10: Grant of Performance Rights to Director - Ontiretse Senosi	Ordinary	551,103 0.40%	138,289,727 99.60%	687 0.00%	26,971	551,790 0.40%	138,289,727 99.60%	26,971	Not Carried
Resolution 11: Grant of Performance Rights to Director - Andrew Mifflin	Ordinary	545,902 0.31%	176,658,636 99.69%	888 0.00%	26,971	546,790 0.31%	176,658,636 99.69%	26,971	Not Carried
Resolution 12: Grant of Performance Rights to Director - Yi (Christine) He	Ordinary	551,048 0.32%	173,811,853 99.68%	687 0.00%	26,971	551,735 0.32%	173,811,853 99.68%	26,971	Not Carried
Resolution 13: Grant of Performance Rights to Director - Julian Hoskin	Ordinary	550,548 0.31%	176,653,691 99.69%	1,187 0.00%	26,971	551,735 0.31%	176,653,691 99.69%	26,971	Not Carried
Resolution 14: Grant of Performance Rights to Company Secretary - Anthony Bevan	Ordinary	551,103 0.31%	176,653,636 99.69%	687 0.00%	26,971	551,790 0.31%	176,653,636 99.69%	26,971	Not Carried
Resolution 15: Approval of Listing Rule 7.1A Mandate	Special	38,935,432 21.97%	138,264,004 78.03%	687 0.00%	32,274	38,936,119 21.97%	138,264,004 78.03%	32,274	Not Carried
Resolution 16: Increase of NED Fee Pool	Ordinary	541,473 0.40%	135,436,189 99.60%	687 0.00%	48,301	542,160 0.40%	135,436,189 99.60%	48,301	Not Carried

NB. Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

 

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