MC Mining Limited
 Previously Coal of Africa Limited
 (Incorporated and registered in Australia)
 Registration number ABN 008 905 388
 ISIN AU000000MCM9
 JSE share code: MCZ
 ASX/AIM code: MCM

                                                                10 March 2023

                      DIRECTOR APPOINTMENTS & RESIGNATION

MC Mining Limited (MC Mining or the Company) hereby announces the following changes to its Board
of Directors.


Appointment of Non-Executive Director
MC Mining is pleased to announce the appointment of Yi (Christine) He as a Non-Executive Director
with immediate effect.
Ms He has a bachelor’s degree in English Literature from Sichuan University and over 20 years’
experience at senior management level. Her broad commercial experience includes, amongst others,
the financing, development and execution of large construction and mining projects.
Ms He is the Managing Director (and ultimate beneficial owner, along with her spouse) of Dendocept
(Pty) Ltd, a 7.1% shareholder (28,265,593 shares) in the Company and holds a further 2.2% (8,664,674
shares) in her personal capacity. Ms He joins the Board as a shareholder nominee of the Dendocept
Consortium, which collectively holds 95,357,454 shares (23.9% of MC Mining’s issued share capital).


Appointment of Independent Non-Executive Director
The Company is also pleased to announce the appointment of Julian Hoskin as an Independent Non-
Executive Director with immediate effect.
Mr Hoskin is a qualified Mining Engineer and holds a Master of Applied Science (Mining
Geomechanics) as well as a master’s degree in Business Administration. During his 38 years working
as a professional engineer, Mr Hoskin has been exposed to resource evaluation and project delivery
and has managed mining operations as well as the construction of metallurgical and thermal coal
mines and ports.
Mr Hoskin has developed numerous mining projects in Australia, driving them up the value-curve from
exploration to feasibility stage and ultimately, construction of the coal mine. He has extensive mine
management experience and has also optimised established mines, ensuring improved returns for
stakeholders.


Resignation of Non-Executive Director
MC Mining announces the resignation of Haohua Energy International (Hong Kong) Co. Ltd’s
shareholder representative director, Mr Junchao Liu, with immediate effect. Mr Liu has served on the
board since December 2021.


Nhlanhla Nene, Chairman of MC Mining, commented:
“On behalf of the Board and shareholders, I would like to thank Mr Liu for his contribution to MC
Mining. Mr Liu worked with MC Mining for many years on behalf of HEI prior to his appointment as a
director and has been involved in transforming the Company to a position where the execution
planning for the construction of our flagship Makhado hard coking coal project is at an advanced stage.
“I am delighted to welcome the new directors and look forward to their contributions toward MC
Mining achieving its objectives and vision. Their combined expertise will assist in the development of
the Makhado project, the three Greater Soutpansberg Projects, and delivering further shareholder
value from the Company’s operating Uitkomst Colliery and Vele Aluwani Colliery.”


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


Yi He (aged 50)

Current Directorships/Partnerships                   Past Directorships/Partnerships (last five years)

Dendocept (Pty) Ltd                                  Poplock (Pty) Ltd

CRI-Eagle Investments (Pty) Limited                  Mezzotin Minerals Inc.

Ever Rising Investments (Pty) Ltd

Galencia Brick and Hardware (Pty) Ltd

Adsani Exploration (Pty) Ltd

Maasai Mara Home Owners Association NPC

Mutsho Power (Pty) Ltd



Julian Mark Hoskin (aged 63)

Current Directorships/Partnerships                   Past Directorships/Partnerships (last five years)

Pedacoal Pty Ltd                                     Astute Resources Pty Ltd


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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.

Authorised by
Nhlanhla Nene
Chairman

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

For more information contact:

 Tony Bevan                   Company Secretary       Endeavour Corporate Services   +61 08 9316 9100

 James Harris/ James Dance    Nominated Adviser       Strand Hanson Limited          +44 20 7409 3494

 Rory Scott                   Broker (AIM)            Tennyson Securities            +44 20 7186 9031

 Marion Brower                Financial PR (SA)       R&A Strategic Communications   +27 11 880 3924

 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. 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).

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 MC Mining’s ability to control or estimate precisely,
such as future market conditions, changes in regulatory environment and the behaviour of other
market participants. MC Mining 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. MC Mining assumes no obligation and does 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.




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