Mkango Resources Ltd. is pleased to announce the launch and provide further details of the Innovate UK grant funded project, “Rare-Earth Recycling for E-Machines” in which HyProMag Limited is a partner. Mkango’s subsidiary, Maginito Limited , holds a 25% equity interest in HyProMag. RaRE will for the first time establish an end to end supply chain to incorporate recycled rare earth magnets into electric vehicles, whereby [...]
Mkango Resources Ltd. is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending December 31, 2019. 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 Alexander Lemon Chief Executive Officer President will@mkango.ca [...]
Mkango Resources Ltd. would like to provide the following corporate update in response to the COVID-19 pandemic and on timing for completion of the on-going Feasibility Study for its 51% owned Songwe Hill rare earths project in Malawi . In these difficult times, Mkango is working proactively to protect our staff and our business. The Company remains focused on completion of the Feasibility Study for Songwe and development [...]
Mkango Resources Ltd. , is pleased to announce results from its recent mineral exploration programme at the Thambani project in southern Malawi. Assay results from 128 rock samples collected during the 2019 exploration programme returned uranium, tantalum and niobium values ranging up to 0.74% U3O8, 0.41% Ta2O5 and 3.24% Nb2O5. Of the total, 43 graded above 500ppm U3O8, of which 13 graded above 1,000ppm U3O8; all but one [...]
In response to certain questions from the British Columbia Securities Commission , Mkango Resources Ltd. has today filed a revised NI 43-101 Report for the Songwe Hill Rare Earths Project in Malawi. As requested by the BSCS, the Revised Report includes a discussion of the parameters used to establish the cut-off grade and any other factors the Qualified Person considered in determining reasonable prospects for eventual [...]
Mkango Resources Ltd. is pleased to announce that its subsidiary, Maginito Limited , has completed the acquisition of an initial 25% interest in HyProMag Limited , a private, United Kingdom-based company focused on rare earth magnet recycling, as previously announced on 23 September 2019 . Maginito has invested an initial £300,000 for a 25% interest in HyProMag, and has an option to invest a further £1 million to increase [...]
Mkango Resources Ltd. is pleased to announce the appointment of Mr Tim Slater as Interim Chief Financial Officer of the Company. The Board of Directors has appointed Mr Slater as the Company’s interim non-board CFO, subject to the approval of the TSX Venture Exchange . Mr Slater replaces Ms Sandra Evans, who has served as CFO since January 2010. The Company wishes to thank Ms Evans for fulfilling the role of CFO for [...]
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, Adrian Reynolds, Susan Muir, Sandra du Toit and Shaun Treacy as Directors of the Company; - re-appointment of MNP LLP [...]
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, 2019. 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 Alexander Lemon Chief Executive Officer President will@mkango.ca [...]
Mkango Resources Ltd. , is pleased to announce the appointment of Apaton Finance GmbH as its financial public relations and investor relations consultant in Germany, effective from October 5th,2019. Apaton Finance GmbH is a Hannover based specialist financial public relations and investor relations agency with a focus on small to mid-cap listed companies. The agreement with Apaton Finance GmbH provides a monthly fee of [...]
Mkango Resources Ltd. is pleased to announce that Maginito Limited , has signed an investment term sheet and one year exclusivity agreement with HyProMag Limited , a private company focused on rare earth magnet recycling . Maginito is 75.5% owned by Mkango, which is completing a Feasibility Study for the Songwe Hill rare earths project in Malawi, and 24.5% owned by Talaxis Limited , the technology metals investment and [...]
Mkango Resources Ltd. announces that, subject to regulatory approval, Mkango has granted a total of 1,900,000 stock options to directors and officers of the Company. The Options have an exercise price of $0.11 CDN per common share, will vest in four equal instalments over the next two years, with the first tranche vesting immediately, and are valid for a period of 10 years from the date of grant. The Options granted to [...]