Mkango Resources Ltd. , is pleased to announce that it has released its Financial Statements and Management Discussion and Analysis for the 6-month period ended 30 June 2023. The reports are available under the Company's profile on the SEDARplus website and on the Company's website . Furthermore, Mkango has agreed to issue 280,678 shares to Bacchus Capital Advisors Limited , an arm's length party to Mkango, in connection [...]
HIGHLIGHTS: Maginito completes transaction to increase its ownership in HyProMag to 100% £1 million cash consideration, funded from existing working capital in Maginito; and 9,742,031 Mkango shares equivalent to £1m at a price per share of 10.26 pence Maginito targeting first production from the UK in 2023 and Germany in 2024, with parallel technology roll-out into the US LONDON and VANCOUVER, British Columbia, Aug. 03 [...]
Mkango Resources Ltd. , announces that CEO, William Dawes and President, Alexander Lemon, will provide a corporate update on the Company via the Share Talk platform on Thursday 13 July 2023 at 17:30 pm BST. Please register for the event via the following link: https://www.bigmarker.com/share-talk/Mkango-Corporate-update. Questions can be submitted pre-event or at any time during the live presentation. For further [...]
NOTICE OF INVESTOR PRESENTATION Mkango Resources Ltd. , announces that CEO, William Dawes and President, Alexander Lemon, will provide a corporate update on the Company via the Share Talk platform on Thursday 13 July 2023 at 17:30 pm BST. Please register for the event via the following link: https://www.bigmarker.com/share-talk/Mkango-Corporate-update. Questions can be submitted pre-event or at any time during the live [...]
Mkango Resources Ltd. , is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the 3-month period ending 31 March 2023. The reports are available under the Company's profile on SEDAR and on the Company's website . Furthermore, the Company announces that, subject to regulatory approval, Mkango has granted 3,350,000 stock options over 3,350,000 common shares of the [...]
Mkango Resources Ltd. is pleased to announce the appointment of Ms. Philipa Varris as independent non-executive director of the Company, subject to the approval of the TSX Venture Exchange . The appointment of Ms. Varris is part of the Company's global expansion strategy and highlights the importance the Company places on upholding the highest standards of sustainability. Ms. Varris has held leadership positions in [...]
HIGHLIGHTS: Maginito to increase ownership in HyProMag from 42% to 100% for £1 million in cash and £1 million in Mkango shares, and a further £3 million payable in four tranches of Mkango common shares subject to production and other milestones in the UK, Germany and US Cash component to be funded from the recent £1.5 million investment by CoTec into Maginito as announced on 16 March 2023 Maginito to hold a 100% interest [...]
Mkango Resources Ltd. , is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending 31 December 2022. The reports are available under the Company's profile on SEDAR and on the Company's website . Furthermore, the Company announces that it has entered into an agreement with Tavistock Communications Ltd to act as Mkango's retained communications and [...]
Highlights CoTec invests £1.5 million in Mkango's subsidiary, Maginito Limited , for a 10% equity interest and John Singleton, Chief Operating Officer of CoTec, has been appointed to the Board of Maginito Maginito now uniquely positioned in complementary short loop and long loop technologies to recycle rare earth NdFeB magnets through its existing interests in HyProMag and HyProMag GmbH, as well as in Mkango subsidiary [...]
Mkango Resources Ltd. is pleased to announce that further to the Company's announcement of February 13, 2023, it has received conditional approval from the TSX Venture Exchange for the issuance of 28,000,000 common shares of no par value at an issue price of £0.125 per Placing Share, raising £3.5 m from new and existing investors . Receipt of final approval from the TSXV is subject to satisfaction of customary conditions [...]
Mkango Resources Ltd. has been informed that William Dawes, CEO of the Company, has purchased 800,000 common shares without par value in the Company, comprising 400,000 Shares at a price of 12.95p per share and 400,000 Shares at a price of 12.75p per share. Following the purchase of the Shares, William Dawes is the beneficial owner of or directly or indirectly controls a total of 9,521,443 Shares in the Company, which [...]
Highlights Mkango Resources has conditionally raised gross proceeds of £3.5 million through its joint brokers SP Angel Corporate Finance LLP and Alternative Resource Capital , together with Merlin Partners LLP, with proceeds focused on catalysing near term milestones for the Company's mining and recycling assets: Finalisation of the Mine Development Agreement for the Songwe Hill Rare Earths Project with the Government of [...]
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