MANTENGU MINING LIMITED - Mantengu Rights Offer - Update
Mantengu Rights Offer - Update
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”)
MANTENGU RIGHTS OFFER - UPDATE
Shareholders are referred to the announcements released on SENS on 15 November 2022 and
17 November 2022 (“Rights Offer Announcements”) 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 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 (“Ratio”) held at the close of business on Friday, 25 November 2022.
Shareholders are hereby advised that the number of new Mantengu shares to be offered by the Company
will be 15 000 000 302 (“Rights Offer Shares”) in the Ratio as previously announced.
Johannesburg
25 November 2022
Designated Adviser
Merchantec Capital
Date: 25-11-2022 03:01:00
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