Enhanced Investments - Financial Portal

Withdrawal of the cautionary announcement

Published: 2022-10-20 17:02:19 ET

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



       ANNOUNCEMENT                                                                     20 October 2022


                          WITHDRAWAL OF THE CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement issued by MC Mining Limited (MC Mining
or the Company) on 28 July 2022, made pursuant to the Johannesburg Stock Exchange rules noting
the rise in its share price, and to a subsequent extension to the cautionary announcement as issued
on 8 September 2022.


Further to the rights issue launch announcement released on 26 September 2022, MC Mining
shareholders are hereby advised that that the above cautionary status is withdrawn with the issue of
this announcement.


Godfrey Gomwe
Managing Director and Chief Executive Officer
This announcement has been approved by the Company’s Disclosure Committee.


For more information contact:
       Tony Bevan                        Company                  Endeavour Corporate       +61 08 9316
                                         Secretary                Services                  9100
       Company advisors:
       James Harris / James              Nominated                Strand Hanson             +44 20 7409
       Dance                             Adviser                  Limited                   3494

       Rory Scott                        Broker (AIM)             Tennyson Securities       +44 20 7186
                                                                                            9031
       Marion Brower                      Financial PR            R&A Strategic             +27 11 880
                                          (South Africa)          Communications            3924
       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.
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).

All figures are denominated in United States dollars unless otherwise stated. Safety metrics are compared to the
preceding quarter while financial and operational metrics are measured against the comparable period in the
previous financial year. A copy of this report is available on the Company's website, www.mcmining.co.za.

Statements of intention

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.