MC Mining Limited Director Resignation (1311M)

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RNS Number : 1311M

MC Mining Limited

26 April 2018

ANNOUNCEMENT 26 April 2018

DIRECTOR RESIGNATION

MC Mining Limited ("MC Mining" or "the Company") announces the resignation of Mr Rudolph Torlage, a Non-Executive Director. Mr Torlage was ArcelorMittal SA Limited's ("AMSA") shareholder nominee Non-Executive Director and further to his resignation from AMSA, has resigned from the Company's Board with immediate effect. The Company is grateful for his contributions and wishes him well in his future endeavours.

The Company will lodge Mr Torlage's Appendix 3Z "Director's Final Interest Notice" under separate cover.

Authorised by:

David Brown

Chief Executive Officer

 
 For more information contact: 
 David Brown                          Chief Executive Officer         MC Mining Limited               [phone] 
 Brenda Berlin                        Chief Financial Officer         MC Mining Limited               [phone] 
 Tony Bevan                           Company Secretary               Endeavour Corporate Services    [phone] 
  Company advisors: 
                                      Financial PR 
 Jos Simson/ Gareth Tredway            (United Kingdom)               Tavistock                       [phone] 
 Ross Allister/Richard 
  Crichton/James Bavister             Nominated Adviser and Broker    Peel Hunt LLP                   [phone] 
 Charmane Russell/Olwen Auret         Financial PR (South Africa)     R&A Strategic Communications    [phone] 
 Investec Bank 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. MCM's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (coking and thermal coal). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (MbeuYashu).

Forward-Looking Statements

This Announcement, including information included or incorporated by reference in this Announcement, may contain "forward-looking statements" concerning MC Mining that are subject to risks and uncertainties. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond MCM's ability to control or estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of other market participants. MCM cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward looking statements. MCM assumes no obligation and do not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required.

Statements of intention

Statements of intention are statements of current intentions only, which may change as new information becomes available or circumstances change.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 26, 2018 02:01 ET (06:01 GMT)