REG - MC Mining Limited - Resignation of Independent Non-Executive Director

MC MiningAnnouncement

19/04/2024 08:30

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RNS Number : 3169L  MC Mining Limited  19 April 2024

ANNOUNCEMENT
                               19 April 2024

 

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

 

Khomotso Mosehla, a long-standing non-executive director of MC Mining Limited
(MC Mining or the Company), has resigned as a director of the Company,
effective today, 19 April 2024. Mr Mosehla has been a member of MC Mining's
board of directors since late 2010 and contributed to the Company being
positioned to become South Africa's pre-eminent steelmaking hard coking coal
producer. Mr Mosehla has provided valuable input as Chairman of the Company's
Audit & Risk Committee as well as Chairman of the Independent Board
Committee.

 

Nhlanhla Nene, Chairman of the Company, said: "On behalf of the Board and
shareholders, I would like to thank Khomotso for his enduring commitment and
contribution to MC Mining over many years. Mr Mosehla's involvement resulted
in the Company transforming from an exploration and thermal coal producer to a
mining business with significant steelmaking hard coking coal resources and we
wish him well in his future endeavours."

 

Mr Nhlanhla
Nene

Chairman of MC Mining
Limited

 

This announcement has been approved for release by MC Mining's Disclosure
Committee.

 

 

 For more information contact:
 Tony Bevan                     Company Secretary                   Endeavour Corporate Services          +61 42 1072 165
 Company advisers:
 Richard Johnson / Rob Patrick  Nominated Adviser                   Strand Hanson Limited                 +44 20 7409 3494

 Rory Scott                     Broker (AIM)                        Tennyson Securities                   +44 20 7186 9031
 Marion Brower                  Financial PR (South Africa)         R&A Strategic Communications          +27 11 880 3924
 BSM Sponsors Proprietary 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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