MINE RESTORATION INVESTMENTS LIMITED - Quarterly report

Quarterly report

MINE RESTORATION INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1987/004821/06)
Share Code: MRI
ISIN Code: ZAE000164562
("MRI" or “the Company”)

QUARTERLY UPDATE


Shareholders are referred to the:
•      announcement released on SENS on 10 October 2019, further details of which are set out
       below;
•      last quarterly update which was dated 25 July 2019; and
•      SENS announcement, dated 29 July 2016, relating to the voluntary suspension of the
       Company’s shares on the JSE Limited (“JSE”) (“the Suspension”).

In line with paragraph 1(10)(c) of the JSE Listings Requirements, the Company is obliged to give an
update to the market on the state of the affairs of the Company until the Suspension is lifted.

SENS announcement dated 10 October 2019 (“Announcement”)
In terms of the Announcement, the Company advised that it had entered into a Share Purchase
Agreement with the shareholders of Langpan Mining Co Proprietary Limited (“Langpan”) in terms of
which the vendors will dispose of their entire shareholding in Langpan (“the Acquisition”).

The Acquisition constitutes a related party transaction and a reverse take-over for MRI and will require
a circular to shareholders, containing, inter alia, revised listing particulars. A copy of the Announcement
may be downloaded from the Company’s website: www.minerestoration.co.za/shareholders/SENS-
announcements.

In terms of the Announcement, the cautionary announcement has been withdrawn.


Rosebank
25 October 2019


Designated Adviser
Questco Corporate Advisory (Pty) Ltd

Date: 25/10/2019 08:30:00
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