Last checked at 19 Apr 2024 08:16
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 |
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Company advisers: |
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Richard Johnson / Rob Patrick | Nominated Adviser | Strand Hanson Limited
| +44 20 7409 3494 |
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Rory Scott | Broker (AIM) | Tennyson Securities | +44 20 7186 9031 |
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Marion Brower | Financial PR (South Africa) | R&A Strategic Communications | +27 11 880 3924 |
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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).