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IN BRIEF: MC Mining secures ZAR20 million loan from shareholder
MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Signs a ZAR20 million loan facility with Dendocept (Pty) Ltd, which owns around 6.8% shareholder in MC Mining. Says proceeds from the facility will be utilised to fund group working capital.
Current stock price in Johannesburg: ZAR1.92
12-month change: up 2.1%
By Artwell Dlamini, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2024 Alliance News Ltd. All Rights Reserved.
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