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Coal of Africa to become MC Mining

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Coal of Africa to become MC Mining

Coal of Africa Ltd. is seeking shareholder approval to change its name to MC Mining Ltd. at a Nov. 24 annual general meeting.

Subject to approval, the company expects to start trading under the new name and ticker Dec. 8.

The company also announced plans to consolidate its shares on a 20-to-1 basis.

Trading in the post-consolidated shares will begin Dec. 11.