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IN BRIEF: MC Mining secures ZAR20 million loan from shareholder

28th Jun 2024 17:10

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Signs a ZAR20 million loan facility with Dendocept (Pty) Ltd, which owns around 6.8% shareholder in MC Mining. Says proceeds from the facility will be utilised to fund group working capital.

Current stock price in Johannesburg: ZAR1.92

12-month change: up 2.1%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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