| Thu 13 Feb 2020, 16:12 | | MC MINING LIMITED - MCZ : Issue of shares |
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MCZ : Issue of shares:
MC Mining Limited
Previously Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000MCM9
JSE share code: MCZ
ASX/AIM code: MCM
ANNOUNCEMENT 13 February 2020
ISSUE OF SHARES
Further to the 10 February 2020 announcement, MC Mining Limited ("MC Mining" or the "Company")
confirms a share placement to its former Chief Executive Officer ("CEO"), Mr David Brown. The
208,537 shares have been issued to Mr Brown in lieu of his six-month notice period following his
resignation as CEO and Executive Director.
The issue of the shares does not require MC Mining shareholder approval or any other consents.
Application has been made for the shares to be admitted to trading on the AIM market of the London
Stock Exchange ("AIM"). Admission to trading on AIM is expected to become effective on or around
19 February 2020 and the shares will rank pari passu with the Company's existing ordinary shares of
nil par value. Application for quotation of the shares has also been made to the Australian Securities
Exchange and the Main Board of the JSE Limited.
Following admission of the shares, MC Mining will have 141,088,122 shares on issue. This figure may
be used by shareholders in the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in their interest in, the share
capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Authorised by
Tony Bevan
Company Secretary
For more information contact:
Brenda Berlin CFO and Acting CEO MC Mining Limited +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate +61 08 9316 9100
Services
Company advisors:
Ross Allister/David McKeown Nominated Adviser and Peel Hunt LLP +44 20 7418 8900
Broker
Charmane Russell/Olwen Auret Financial PR (South Africa) R&A Strategic +27 11 880 3924
Communications
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 and thermal coal
by-product). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (coking and thermal coal).
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Date: 13-02-2020 04:12:00
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