MC MINING LIMITED - Lapse of share options

Lapse of share options

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

ANNOUNCEMENT                                                                             

25 September 2024

LAPSE OF SHARE OPTIONS

On 16 August 2024, MC Mining Limited (MC Mining or the Company) announced that it would, subject
to conditions, extend the validity period of the 8,000,000 share options that had been granted to Mr
Godfrey Gomwe, the previous Managing Director & Chief Executive Officer (MD & CEO) as part of his
employment contract.


As none of the conditions have been fulfilled within the stipulated timeframe of the extended validity
period, the options have now lapsed and can no longer be exercised.


Mathews Senosi
Interim Chairman
This announcement has been approved by the Company's Disclosure Committee.

 For more information contact:
 Bill Pavlovski         Company                Vision Corporate (Pty)          bill.pavlovski@mcmining.co.za
                        Secretary              Ltd
 Company advisers:
 Marion Brower          Financial PR           R&A Strategic                   +27 11 880 3924
                        (South Africa)         Communications

 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).

Date: 25-09-2024 09:00:00
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