MIRANDA MINERAL HOLDINGS LIMITED - Termination of Specific Issue of Shares, Withdrawal of Related Cautionary and Issue of New Cautionary announcement

Termination of Specific Issue of Shares, Withdrawal of Related Cautionary and Issue of New Cautionary announcement

Miranda Minerals Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/001940/06)
Share code: MMH ISIN: ZAE000074019
(“Miranda” or “the Company”)


    TERMINATION OF SPECIFIC ISSUE OF SHARES FOR CASH, WITHDRAWAL OF RELATED
     CAUTIONARY ANNOUNCEMENT AND ISSUE OF NEW CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the detailed announcement of 14 May 2014 as well as the renewal of
cautionary announcement of 25 June 2014 regarding:

-   the proposed 50% participation by the Company in Kutlwano Investments Proprietary Limited
    (“Kutlwano”) which will own 100% of the issued share capital of Benicon Coal Proprietary Limited
    (which holds 60% of the issued share capital of Nkomati Anthracite Proprietary Limited); and

-   a proposed specific issue of shares for cash to Valinger Resources Limited (“the Specific Issue”).

As regards the Specific Issue, shareholders are hereby advised that due to certain of the conditions
precedent having not been fulfilled, the Specific Issue will not be implemented. As a consequence,
the intended participation by the Company in Kutlwano in the manner envisaged, will not be implemented.
Shareholders are however advised that the directors are presently engaged in discussions regarding 
alternatives with a view to facilitating the Company’s potential participation in Kutlwano as well as 
other alternatives for the ongoing funding needs of the Company. Accordingly,shareholders are advised 
to continue to exercise caution in the dealing of the securities of Miranda pending further announcements.

Johannesburg
1 August 2014

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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