14 February 2022

Notice Received Under Section 249D of the Corporations Act

In accordance with ASX Listing Rule 3.17A, MC Mining Limited (the Company) advises that on 11 February 2022 it received a notice under section 249D of the Corporations Act 2001 (Cth) (Notice), from shareholders who hold approximately 6.8% of the Company's ordinary shares between them, requisitioning that a general meeting of the Company be held.

The request for a meeting was made by shareholders Ms Yi He, Mr Jun Liu and Dendocept Proprietary Limited, for shareholders to consider the following resolutions at a general meeting:

·     the removal of Mr Bernard Pryor as a director of the Company;

·     the removal of Mr Sebastiano Randazzo as a director of the Company;

·     the removal of any other director of the Company appointed after the date of the Notice;

·     the appointment of Mr Nhlanhla Nene as a director of the Company; and

·     the appointment of Mr Godfrey Gomwe as a director of the Company.

The Company is considering the validity of the Notice and whether it complies with the Corporations Act. Shareholders will be provided with updates as required.

This announcement has been approved by the Company's disclosure committee.

This announcement is inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.

ASX:  MCM / AIM: MCM.L / JSE: MCZ

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).