MC Mining Limited Result of AGM (0545G)

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RNS Number : 0545G

MC Mining Limited

20 November 2020

 
 ANNOUNCEMENT   20 November 2020 
 

RESULTS OF ANNUAL GENERAL MEETING

The Directors of MC Mining Limited (the "Company" or "MC Mining") are pleased to announce that at the Annual General Meeting of Shareholders held earlier today, the resolutions put to the meeting were passed unanimously by a show of hands.

In accordance with Australian Stock Exchange Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001, the Company hereby provides the following information on proxy votes received for each resolution:

 
                                                        For        Against    Proxy Discretion    Abstain     Excluded 
 Resolution 1: Adoption of Remuneration Report       60,825,522    55,581           920          13,251,671      - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 2: Re-election of Director - Andrew 
  Mifflin                                            73,916,292     1,993           920           214,489        - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 3: Re-election of Director - An Chee 
  Sin                                                73,916,292     2,164           920           214,489        - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 4: Election of Director - Zhen He        73,916,292     2,164           920           214,489        - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 5: Grant of Performance Rights to 
  Director - Brenda Berlin                           67,184,499     3,426           770          6,944,999       - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 6: Grant of Additional Performance 
  Rights to Director - Brenda Berlin                 67,178,173     9,697           770          6,945,054       - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 7: Ratification of Shares issued in 
  preceding 12-month period                          73,676,165     8,777           770           447,982        - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 Resolution 8: Ratification of Shares issued in                   Resolution withdrawn on 9 November 2020 
 preceding 12 month period 
                                                    ------------------------------------------------------------------ 
 Resolution 9: Approval of issue of Shares                        Resolution withdrawn on 9 November 2020 
                                                    ------------------------------------------------------------------ 
 Special Resolution 10: Approval of 10% Placement 
  Capacity                                           67,362,167   6,555,063         920           215,544        - 
                                                    -----------  ----------  -----------------  -----------  --------- 
 

AUTHORISED BY:

Tony Bevan

Company Secretary

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

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 
 For more information contact: 
 Brenda Berlin                 Acting Chief Executive Officer    MC Mining Limited               [phone] 
 Tony Bevan                    Company Secretary                 Endeavour Corporate Services    [phone] 
 Company advisors: 
 James Harris / James Dance    Nominated Adviser                 Strand Hanson Limited           [phone] 
 Rory Scott                    Broker (AIM)                      Mirabaud Securities Limited     [phone] 
 James Duncan                  Financial PR (South Africa)       R&A Strategic Communications    [phone] 
 Investec Bank Limited is the nominated JSE Sponsor 
 
 

About MC Mining:

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. The Company's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (hard coking coal). Vele Colliery (semi-soft coking coal), and the Greater Soutpansberg Projects (coking and thermal coal).

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November 20, 2020 07:45 ET (12:45 GMT)