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MC MINING LIMITED - Rights Issue Finalisation Announcement

Release Date: 04/10/2022 10:58
Code(s): MCZ     PDF:  
Wrap Text
Rights Issue Finalisation Announcement

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


JSE ANNOUNCEMENT                                                                   4 October 2022

RIGHTS ISSUE FINALISATION ON THE JSE

Eligible Shareholders in South Arica are referred to the launch announcement released on the Stock
Exchange News Service (SENS) on the JSE Limited (JSE) on Tuesday, 27 September 2022, relating to a
fully underwritten A$40 million (ZAR472 million) renounceable rights issue.
Eligible Shareholders in South Arica are advised that the salient dates and times for the Rights Issue
announced in the launch announcement have not changed and the rights issue will be implemented
accordingly.

Excess Applications

Eligible Shareholders can choose to take up all, part or none of their Rights. The Rights Issue will also
include a shortfall facility under which Eligible Shareholders who take up all of their Rights may also
apply for New Shares in excess of their pro rata entitlement. The New Shares as part of the excess
applications, will be issued on the JSE Tuesday, 8 November 2022.

Letters of Allocation ISIN number

The share code for the Letters of Allocation that trade on the JSE will be MCZN and ISIN number
AU0000242554.


Note on the Rights Issue Announcement

Capitalised terms used but not otherwise defined in this announcement have the meanings given to
them in the Offer Booklet, which is available at www.mcmining.co.za.


Godfrey Gomwe
Managing Director and Chief Executive Officer
This announcement has been approved by the Company’s Disclosure Committee
For more information contact:

 Tony Bevan                   Company Secretary       Endeavour Corporate Services   +61 08 9316 9100

 Marion Brower                Financial PR (SA)       R&A Strategic Communications   +27 11 880 3924

 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. MC Mining’s key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado Project
(hard coking coal), Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg Projects
(coking and thermal coal).




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Date: 04-10-2022 10:58:00
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