Announcement • Jun 13
MC Mining Limited announced that it expects to receive $9.936 million in funding from Kinetic Development Group Limited, Eagle Canyon International Group Holding (Hong Kong) MC Mining Limited entered into binding agreements with each of Kinetic Development Group Limited and Eagle Canyon International Group Holding (Hong Kong) Limited for the private placement to issue unsecured convertible promissory notes for the aggregate principal $9,936,000 for the proceeds of $9,936,000 on June 11, 2026. The notes may be drawn down by the Company in one or more tranches at any time from signing until 30 September 2026. Each note will mature, and be repayable in full (to the extent not converted in accordance with its terms), on the date that is twelve (12) months from the date funds were first received by the Company from the relevant investor. The notes are unsecured and conversion price is $0.2089. The investor's right of conversion is conditional upon, among other things, the receipt by the Company of all necessary shareholder and regulatory approvals Board Change • May 21
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (8 non-independent directors). Non-Executive Interim Chairman Ontiretse Senosi is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Steele West was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 24
MC Mining Limited, Annual General Meeting, Nov 27, 2025 MC Mining Limited, Annual General Meeting, Nov 27, 2025. Location: at the offices of mc mining limited, on the ground floor, greystone building, fourways golf park, roos street, fourways, Australia