MCM.L

MC Mining Ltd.
MC Mining Limited - Resignation of Independent Non-Executive Director
19th April 2024, 07:16
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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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