WITHDRAWAL OF RESOLUTIONS AT AGM

RNS Number : 6480E

MC Mining Limited

09 November 2020

 

ANNOUNCEMENT

9 November 2020

WITHDRAWAL OF RESOLUTIONS AT ANNUAL GENERAL MEETING

MC Mining Limited (the "Company") advises that it has withdrawn items 9 and 10 from the agenda for its Annual General Meeting due to take place as a virtual meeting by way of a live webcast at 10:00 a.m. (London time) on 20 November 2020   ("AGM"). These items relate to Resolutions 8 and 9 (the "WithdrawnResolutions") that were to be tabled at the AGM.

The Withdrawn Resolutions related to the proposed issue of shares to Columbia Skies Holdings Proprietary Limited ("Columbia Skies"). As announced on 22 October 2020, Columbia Skies defaulted on the Subscription Agreement and the shares will now not be issued.

The withdrawal of the Withdrawn Resolutions will not affect the validity of the proxy form attached to the Notice of AGM or any proxy votes already submitted.

Details on how to attend the Company's AGM are contained in the Notice of AGM, available on the Company's website  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:
James Harris / James Dance	Nominated Adviser	Strand Hanson Limited	[phone]
Rory Scott	Broker (AIM)	Mirabaud Securities Limited	[phone]
James Duncan	Financial PR (South Africa)	R&A Strategic Communications	[phone]
Investec Bank Limited is the nominated JSE Sponsor

About MC Mining:

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. The Company'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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