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MC MINING LIMITED - Results of Annual General Meeting

Release Date: 23/11/2018 13:10
Code(s): MCZ     PDF:  
Wrap Text
Results of Annual General Meeting

MC Mining Limited
Previously Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000MCM9
JSE share code: MCZ
ASX/AIM code: MCM

ANNOUNCEMENT                                                   23 November 2018

                         RESULTS OF ANNUAL GENERAL MEETING

The Directors of MC Mining Limited (the “Company” or “MC Mining”) are
pleased to announce that at the Annual General Meeting of Shareholders
held earlier today, the resolutions put to the meeting were passed
unanimously by a show of hands.

In accordance with Australian Stock Exchange Listing Rule 3.13.2 and
Section 251AA(2) of the Corporations Act 2001, the Company hereby
provides the following information on proxy votes received for each
resolution:

                                                    Proxy
                         For            Against                 Abstain    Excluded
                                                  Discretion
Resolution
1: Adoption
of                  53,308,237 13,142,541           3,465        55,377     68,553
Remuneration
Report

Resolution
2:       Re-
election of         66,501,468          18,273      3,465        54,967       -
Director   –
David Brown

Resolution
3:       Re-
election of
Director   –        66,465,300          53,531      3,465        55,877       -
Thabo
Mosololi                   

Resolution
4: Election         66,499,363          19,301      3,465        56,044       -
of Director
–     Brenda
Berlin                                      
                 
                                         
Resolution
5: Election
of Director      53,384,704             70,391       3,465      13,119,613              -
– An Chee
Sin

Resolution
6: Election
of Director      55,383,469             70,221       3,615      13,120,868              -
– Brian He
Zhen

Resolution
7: Grant of
Performance
Rights    to     53,369,876           13,150,297     3,465        54,535                -
Director   –
David Brown
          
Resolution       
8: Grant of
Performance
Rights    to     53,370,006            13,150,714     3,731        53,722                -
Director   –
Brenda
Berlin

Resolution
9: Approval
of               53,415,590            13,088,817     3,231        70,535                -
Performance
Rights Plan
Resolution

10: Approval
of Potential
Termination
Benefits        53,380,522             13,097,677     30,694       69,280                -
under
Performance
Rights Plan                 

Resolution
11:   Change     66,456,639             18,265         3,381       99,888                -
of Auditor



AUTHORISED BY:
Tony Bevan
Company Secretary


For more information contact:
David Brown             Chief Executive       MC Mining Limited     +27 10 003 8000
                        Officer
Brenda Berlin           Chief Financial       MC Mining Limited     +27 10 003 8000
                        Officer
Tony Bevan              Company Secretary     Endeavour Corporate   +61 08 9316
                                              Services              9100

Company advisors:
Jos Simson/ Gareth      Financial PR         Tavistock              +44 20 7920
Tredway                 (United Kingdom)                            3150
Ross Allister/David     Nominated Adviser    Peel Hunt LLP          +44 20 7418
McKeown                 and Broker                                  8900
Charmane Russell/Olwen Financial PR          R&A Strategic          +27 11 880 3924
Auret                   (South Africa)       Communications
Investec Bank Limited is the nominated JSE   Sponsor

About MC Mining Limited:
MC Mining is an AIM/ASX/JSE listed coal exploration, development and mining company
operating in South Africa. MCM’s key projects include the Uitkomst Colliery
(metallurgical and thermal coal), Makhado Project (coking and thermal coal). Vele
Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (MbeuYashu).


Forward-Looking Statements

This Announcement, including information included or incorporated by reference in
this Announcement, may contain "forward-looking statements" concerning MC Mining that
are subject to risks and uncertainties. Generally, the words "will", "may", "should",
"continue", "believes", "expects", "intends", "anticipates" or similar expressions
identify forward-looking statements. These forward-looking statements involve risks
and uncertainties that could cause actual results to differ materially from those
expressed in the forward-looking statements. Many of these risks and uncertainties
relate to factors that are beyond MCM’s ability to control or estimate precisely,
such as future market conditions, changes in regulatory environment and the behaviour
of other market participants. MCM cannot give any assurance that such forward-looking
statements will prove to have been correct. The reader is cautioned not to place
undue reliance on these forward looking statements. MCM assumes no obligation and do
not undertake any obligation to update or revise publicly any of the forward-looking
statements set out herein, whether as a result of new information, future events or
otherwise, except to the extent legally required.

Statements of intention

Statements of intention are statements of current intentions only, which may change
as new information becomes available or circumstances change.

Regulatory

This announcement is inside information for the purposes of Article 7 of Regulation
596/2014.

Date: 23/11/2018 01:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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