MANTENGU MINING LIMITED - Fulfilment of Conditions Precedent to the Acquisition of Langpan Mining Co

Fulfilment of Conditions Precedent to the Acquisition of Langpan Mining Co

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”)


FULFILMENT OF CONDITIONS PRECEDENT TO THE ACQUISITION OF LANGPAN MINING CO


Shareholders are referred to the announcements released on SENS on 22 April 2022, 30 May 2022 and
30 June 2022, and to the Circular regarding, inter alia, the proposed acquisition by Mantengu of Langpan
Mining Co and the proposed amendments to the Company’s MOI as distributed to Shareholders on
30 May 2022 (“Circular”). Terms defined in the Circular shall, unless otherwise stated, bear the same
meaning in this announcement.

Shareholders are hereby advised that all Conditions Precedent have been fulfilled and accordingly, the
Proposed Acquisition is now unconditional. Consequently, the parties to Share Purchase Agreement
have agreed in writing that the Effective Date of the Proposed Acquisition is amended to 27 July 2022.

Shareholders are reminded that, as set out in the Circular, the lifting of the suspension of Mantengu’s
Shares is dependent upon the implementation of the Proposed Acquisition and full compliance with the
Listings Requirements at such time.

Accordingly, Shareholders will be advised on SENS of the date of listing of and trading in Shares on the
JSE once the Company receives JSE approval of its request for unsuspension, which request will be
submitted to the JSE imminently.


Johannesburg
26 July 2022

Transaction Sponsor and Designated Adviser
Merchantec Capital

Date: 26-07-2022 05:11:00
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