Mkango Resources Ltd. is pleased to announce that, further to the announcement on 1st February 2022, Mkango has received the £452,500 from CoTec , being the final instalment under the £2,000,000 convertible loan agreement providing for a two-year, secured convertible loan from CoTec to Mkango with 5% interest, convertible into Mkango shares at 27p each or, under certain condition, into shares of Mkango's subsidiary [...]
Highlights Mkango Resources Ltd. has signed definitive agreements with CoTec Holdings Corp. , an ESG-focused company investing in innovative technologies, in relation to investments by CoTec into Mkango and Mkango's wholly owned subsidiary, Maginito Limited , and collaboration in downstream rare earth technologies : Further to previously reported advances totalling ?1,547,500 , CoTec has agreed to invest an additional [...]
Highlights Mkango Resources Ltd. has signed definitive agreements with CoTec Holdings Corp. , an ESG-focused company investing in innovative technologies, in relation to investments by CoTec into Mkango and Mkango's wholly owned subsidiary, Maginito Limited , and collaboration in downstream rare earth technologies : Further to previously reported advances totalling £1,547,500 , CoTec has agreed to invest an additional [...]
Mkango Resources Ltd. is very pleased to announce that the Malawi Environmental Protection Agency has approved the Environmental Social Health Impact Assessment for Mkango's flagship Songwe Hill Rare Earths Project in the Phalombe district of Malawi. The approval of the ESHIA is a significant milestone in the Mining Development Agreement approval process, it is a fundamental requirement for the Company to be granted a [...]
Mkango Resources Ltd. and CoTec Holdings Corp. are pleased to provide an update on the transaction announced on 30 May 2022. CoTec has advanced a further £325,000 to Mkango by way of a convertible advance note and Mkango has extended exclusivity until January 31, 2023. The terms of the Advance are consistent with the terms of the advance that CoTec provided to Mkango in October 2022. The conversion rights associated with [...]
Mkango Resources Ltd. and CoTec Holdings Corp. are pleased to provide an update on the transaction announced on 30 May 2022. CoTec has advanced a further £325,000 to Mkango by way of a convertible advance note and Mkango has extended exclusivity until January 31, 2023. The terms of the Advance are consistent with the terms of the advance that CoTec provided to Mkango in October 2022. The conversion rights associated with [...]
Mkango Resources Ltd. is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending September 30, 2022. The reports will be available under the Company's profile on SEDAR and on the Company's website. For further information on Mkango, please contact: Mkango Resources Ltd. William Dawes Chief Executive Officer will@mkango.ca Canada: +1 403 444 5979 [...]
HyProMag GmbH has been awarded a €3.7 million grant for a new project to further develop the local knowledge base, infrastructure and recycled NdFeB production capacity to underpin its transition to commercial production in Germany Initial capacity will be a minimum of 100tpa NdFeB, comprising recycled rare earth sintered magnets, alloy pellets and powders and will be the first in Germany using the patented HPMS [...]
Mkango Resources and CoTec Holdings are pleased to provide an update on the transaction announced on 30th May 2022. The parties are currently finalising documentation and, in order to accommodate delayed timelines, CoTec has agreed to advance a further £222,500 to Mkango by way of a convertible advance note and Mkango has agreed to extend the exclusivity period to 23rd December 2022. The terms of the Advance are [...]
Mkango Resources Ltd. is pleased to announce that shareholders have approved all resolutions at the Annual General Meeting held in Toronto today. All business put forth at the Meeting was approved by shareholders of the Company, including: the election of Derek Linfield, William Dawes, Alexander Lemon, Stephen Motteram, Susan Muir and Shaun Treacy as Directors of the Company; appointment of BDO LLP as auditors of the [...]
Mkango Resources Ltd. has granted a total of 350,000 stock options over 350,000 common shares of the Company to Mr Robert Sewell, Chief Financial Officer of the Company, in accordance with the Company's existing Option Plan. The Options have an exercise price of $0.185 CDN per common share, being the TSX-V close price of Mkango shares on 7 September 2022, will vest in 4 equal instalments over the next 2 years, with the [...]
Mkango Resources Ltd. and CoTec Holdings Corp. are pleased to announce that, further to the announcements on 30 May and 21 June 2022, CoTec has agreed to advance a further £500,000 to Mkango by way of a convertible advance note and Mkango has agreed to extend CoTec's exclusivity period with respect to the proposed transaction, announced on 30 May 2022, until 30 November 2022. The Advance is to be completed no later than [...]
+20,44 %
-18,08 %
