Silver

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XAGUSD

Delayed 05:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
27.2 ^USD	-0.52%		-5.11%	+14.40%

Apr. 26	Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision	MT
Apr. 26	Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision	MT

MC Mining gets second supplementary statement from Goldway

March 14, 2024 at 06:38 am EDT

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Says it has received a second supplementary statement from Goldway Capital Investment Ltd. Notes it is reviewing the contents of the second supplementary bidder's statement and will formally respond in due course. Goldway first launched its AUD0.16-a-share takeover bid for MC Mining last month. MC Mining had urged its shareholders to reject the February offer.

MC Mining says the takeover offer remains open until April 5. Tells its shareholders there is no need to do anything until they have received the supplementary target's statement and accompanying independent expert's report. Expects the exprt report on or before Monday. This latest development comes after MC Mining on Tuesday said Vulcan Resources Ltd would not proceed with making a formal offer for MC Mining. On Friday last week, the owner and operator of the Moatize coal mine in Mozambique proposed offering between AUD0.17 and AUD.20 per MC Mining share.

Current stock price in Sydney: AUD0.15

12-month change: down 6.3%

Current stock price in London: 7.11 pence, down 1.9%

12-month change: down 30%

Current stock price in Johannesburg: ZAR1.90

12-month change: down 9.1%

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
GOLD	2,338 USD	+0.31%	-2.25%	-
DOW JONES SOUTH AFRICA(ZAR)	1,962 PTS	+1.81%	+2.51%	-
S&P GSCI GOLD INDEX	1,367 PTS	+0.20%	-2.76%	-
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+1.69%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.49%	-
SILVER	27.2 USD	-0.52%	-5.11%	-
MC MINING LIMITED	0.16 AUD	0.00%	0.00%	42.56M

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