08 Jun

MEMORANDUM

TO:                 ALL MEMBERS OF UASA-THE UNION: KOORNFONTEIN COAL MINE

FROM:            ADVOCATE NICK VAN ROOYEN

                        DIVISIONAL MANAGER: LEGAL AND SPECIALIST SERVICES

DATE:             Monday September 28, 2020

SUBJECT:     BUSINESS RESCUE PROCESS: KOORNFONTEIN COAL MINE (“KCM”)

__________________________________________________________________________________

Now that the Competition Commission has approved the bid in regard to Koornfontein and the Mining Licence has been approved by the Department of Mineral Resources (“DMR”) in terms of section 11 of the Mineral’s and Petroleum Resources Development Act 28 of 2002 (as amended) the sale of Koornfontein Coal Mine will in due course be permitted to lawfully commence with mining operations.

All employees who await their IRP5s in respect of their tax returns to South African Revenue Services (“SARS”) may be obtained from Nisa Dawood nisar@nadcon.co.za.

Yours faithfully

ADVOCATE NICK VAN ROOYEN

DIVISIONAL MANAGER: LEGAL AND SPECIALIST SERVICES

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