MCM.L Regulatory News (MCM)

BOARD CHANGES

MC Mining Limited ("MC Mining" or the "Company") is pleased to announce changes to its Board of Directors with immediate effect.

Retirement of Non-Executive Director

Mr Shangren Ding, a long-standing non-executive director of MC Mining, decided not to avail himself for re-election at the Company's Annual General Meeting ("AGM") held earlier today. As a result, Mr Ding retired as a director of the Company effective at the conclusion of today's AGM. Mr Ding has been a director of the Company since October 2016 and contributed to the Company being positioned to become South Africa's pre-eminent hard coking coal producer once the necessary Makhado hard coking coal project funding is secured, anticipated in H1 CY2022. Mr Ding was the representative of Haohua Energy International (Hong Kong) Co. Ltd ("HEI"), MC Mining's largest shareholder.

Appointment of Non-Executive Director

Mr Junchao Liu was appointed as a non-executive director of the Company at today's AGM. Mr Liu has a Bachelor of Arts and postgraduate training in international finance and trade from Beijing Foreign Studies University. He is the Deputy Director of Business Development of Beijing Haohua Energy Resource Company and Deputy General Manager of HEI. Mr Liu, by invitation, has regularly attended past board meetings of the Company and is very familiar with the Company's activities. He replaces Mr Ding as HEI's representative on the MC Mining board of directors.

Bernie Pryor, MC Mining's Chairman, commented:

"The Board welcomes Mr Liu and looks forward to his continued contribution toward MC Mining achieving its objectives and vision. On behalf of the Board and shareholders, I would like to thank Mr Ding for his contribution to MC Mining as we transformed to a mining company while also progressing to the development of our flagship Makhado hard coking coal project."

Additional Information

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Mr Liu ("Floyd") Junchao (aged 49)

Other than the information contained within this announcement, there is no further information required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules.

Tony Bevan

Company Secretary

This announcement has been approved by the Company's Disclosure Committee.

ASX: MCM / AIM: MCM.L / JSE: MCZ

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).