MC Mining cash and facilities fall to US$2.9 million at June-end

Reuters2026/07/31 08:01

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MC Mining reported available cash and facilities of US$2.9 million at June 30, down from US$5.4 million at March 31.
Kinetic Development Group paid US$6.03 million for shares during the quarter, lifting its stake to 51%.
Drew US$3.89 million under Kinetic’s unsecured convertible promissory note facility.
Drew US$1.9 million under Eagle Canyon’s unsecured convertible promissory note facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MC Mining Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524501), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MC Mining cash and facilities fall to US$2.9 million at June-end

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