Bumech S.a.GPW: BMC

Bumech Unit Signs Deal To Take Control Of 'Maranda' Mine In South Africa

· Issued by Bumech S.A.

Bumech SA GPW:BMC:

  • SUBSIDIARY SIST KAPITAL PTY LTD SIGNS AGREEMENT TO TAKE CONTROL OF MARANDA MINE IN SOUTH AFRICA

  • DEAL WITH BOOYSEN FAMILY TRUST AND MARANDA MINING COMPANY PTY LTD

  • DEAL INVOLVES FORMATION OF TWO JOINT VENTURE COMPANIES

  • TOTAL TRANSACTION VALUE IS 60 MILLION ZAR; ADDITIONAL 120 MILLION ZAR INVESTMENT PLANNED FOR 2026-2028 FOR MINE MODERNIZATION

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