Sharenet Sites 
Sharenet Sites
Coal off-take agreements
1
BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013247/06)
(Share Code: BIK ISIN Code: ZAE000101945)
("Brikor" or "the Company")
Coal off-take agreements
Shareholders are advised that the board of Directors of the Company is pleased to announce the
conclusion of two new and significant off-take agreements as follows:
• a 3-year supply of coal to Eskom's Grootvlei Power Station, totalling approximately 2 800
000 tons of coal; and
• a 1-year, renewable supply of coal to a private company, totalling approximately 600 000
tons of coal.
("Off-take agreements")
The Off-take agreements will be supplied in terms of the life-of-mine Contract Mining and Coal
Purchase Agreement which Brikor and its subsidiaries signed with Ilangabi Colliery (Pty) Limited
on 29 June 2023 in respect of its Grootfontein and Vlakfontein mining rights (the "Coal
Agreement"), which was previously approved by shareholders.
The above Off-take agreements will assist in achieving the objective of the Coal Agreement i.e.
to reach the minimum monthly mining tonnages of 150 000 tons. Brikor will thus earn the agreed
margin, in terms of the Coal Agreement, on the above Off-take agreements.
9 September 2025
Nigel
Designated Adviser
Exchange Sponsors
Date: 09-09-2025 11:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
