| Thu 17 Nov 2022, 9:59 | | MANTENGU MINING LIMITED - Finalisation Announcement in respect of the Mantengu Rights Offer |
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Finalisation Announcement in respect of the Mantengu Rights Offer
MANTENGU MINING LIMITED
(Formerly Mine Restoration Investments Limited)
Incorporated in the Republic of South Africa
(Registration number: 1987/004821/06)
Share code: MTU ISIN: ZAE000302360
("Mantengu" or “the Company”)
FINALISATION ANNOUNCEMENT IN RESPECT OF THE MANTENGU RIGHTS OFFER
1. INTRODUCTION
Shareholders are referred to the announcement released on SENS on 15 November 2022
(“Declaration Announcement”) wherein shareholders were advised that Mantengu intends to raise
R15 million by way of a fully underwritten renounceable rights offer (“Rights Offer”), in terms of which
the Company will offer 15 000 000 000 new Mantengu shares (“Rights Offer Shares”) to qualifying
shareholders at a subscription price of 0.1 cent per Rights Offer Share in the ratio of 10.84106 Rights
Offer Shares for every 100 Mantengu shares held at the close of business on the Initial Record Date
for the Rights Offer, being Friday, 25 November 2022.
2. RIGHTS OFFER CIRCULAR
Shareholders are advised that Mantengu has received formal approval of the Rights Offer circular
(“Circular”) from the JSE Limited and accordingly, the Rights Offer can now be implemented in
accordance with the salient dates and times as set out in the Declaration Announcement and the
Circular.
The Circular containing full particulars of the Rights Offer, and the accompanying Form of Instruction
for use by certificated shareholders only, will be distributed to certificated shareholders on Thursday,
24 November 2022.
The Circular containing full particulars of the Rights Offer will be distributed to dematerialised
shareholders who have elected to receive documents on Monday, 28 November 2022.
The Circular, and Form of Instruction, will also be available for download from the Company’s website
at www.mantengu.com from Monday, 21 November 2022.
Johannesburg
17 November 2022
Designated Adviser
Merchantec Capital
Date: 17-11-2022 09:59:00
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