We acted for Kinetic Development Group in its USD 90 million investment into MC Mining Limited. This strategic partnership will play a pivotal role in advancing MC Mining's operations in South Africa. As part of this investment, Kinetic will acquire a controlling stake in MC Mining, by subscribing for an aggregate 51% of its share capital in two tranches. This investment marks a significant milestone for MC Mining and the Kinetic Development Group and will contribute to the growth and development of the South African mining industry. The Webber Wentzel team consisted of Bruce Dickinson, Thabang Masingi, Emily Gammon, Jonathan Veeran, Daryl Dingley, Garyn Rapson, Paula-Ann Novotny, Xolisa Ndaleni, Nonhlanhla Mnengi, Michelle Morris, Kim Rew, Kelton Miller, Darius Pillay, Deon Visagie, Jamie Jacobs, Sulani Jooste, Abdul Kader Allie, Hugo de Villiers, Simon Franken, Vutlhari Ricky Mathebula, Byron Titmas.
Proud 👏
Transactional Attorney | Asset Management | Investment Professional | Strategist | Regulatory Compliance
1moXolisa Ndaleni 👌🏾👌🏾👌🏾 well done.