Mkango Resources Ltd. is pleased to announce that following the publication of a NI 43-101 Technical Report for the Songwe Hill Rare Earths Project resource update on March 21, Talaxis Limited has invested an additional £7 million into Lancaster Exploration Limited, which is the holder of the licence for Songwe. As a result of this investment, Talaxis’ equity interest in Lancaster will increase from 20% to 49%, with [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, is pleased to announce that it has filed a NI 43-101 Technical Report for the Songwe Hill Rare Earths Project resource update announced on February 4, 2019. With the filing of the Technical Report, Mkango has fulfilled the condition for Talaxis Limited to advance the next tranche of investment, totaling £7 million, in accordance [...]
Mkango Resources Ltd. announces the exercise of warrants over 1,136,363 common shares without par value in the share capital of the Company at an exercise price of 6.6 pence each, for an aggregate consideration of £75,000. The New Shares will rank pari passu with the existing shares and application has been made for the New Shares to be admitted to trading on AIM . It is expected that Admission will become effective and [...]
Mkango Resources Ltd , announces that, subject to regulatory approval, Mkango has granted a total of 1,800,000 stock options to directors and officers of the Company. An additional 100,000 Options have been granted to a consultant of the Company. The Options have an exercise price of $0.14 CDN per common share, will vest in four equal instalments over the next two years, with the first tranche vesting immediately, and are [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, is pleased to announce an updated mineral resource estimate for the Songwe Hill Rare Earths Project . 60% increase in total Measured and Indicated Resources to 21 million tonnes , including first Measured Resource estimate for Songwe Majority of the previously delineated near surface Inferred Resource upgraded to either the [...]
Mkango Resources Ltd. announces that, in accordance with the terms of Option Plan for Directors and Employees of the Company which provides that options exercisable for common shares without par value in the share capital of the Company issued pursuant the plan expire 90 days after the date of a director’s resignation, Mr David Berg and Mr Eugene Chen have exercised their options over an aggregate of 1,620,000 [...]
Mkango Resources Ltd. announces the exercise of warrants over 50,000 common shares without par value in the share capital of the Company at an exercise price of 6.6 pence each, for an aggregate consideration of £3,300. The New Shares will rank pari passu with the existing shares and application has been made for the New Shares to be admitted to trading on AIM . It is expected that Admission will become effective and [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, is pleased to announce that the Government of Malawi has granted a further two-year renewal from 21st January 2019 to 21st January 2021 for Exclusive Prospecting Licence 0284 , in southeast Malawi. Mkango's flagship project, the Songwe Hill Rare Earths Project is located in the Phalombe Licence. About Mkango Resources Limited [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, has been informed that Derek Linfield, chairman of the Company, has purchased warrants over 3,333,333 common shares without par value in the share capital of the Company. Mr Linfield acquired the warrants, which have an exercise price of 6.6 pence per warrant, at a price of 2.4 pence per warrant . Derek Linfield has purchased [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, is pleased to announce results for the final twenty one drill holes from the recently completed 10,900 metre diamond drill programme at the Songwe Hill Rare Earths Project . The process to complete an updated Mineral Resource Estimate has commenced. Nineteen of the latest twenty one drill holes intersected significant zones of [...]
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, 2018. 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 Limited William Dawes Chief Executive Officer will@mkango.ca UK: +44 207 3722 744 [...]
Mkango Resources Ltd. , the rare earths exploration and development company focused on Malawi, announces the exercise of warrants over 146,970 common shares without par value in the share capital of the Company at an exercise price of 6.6 pence each, for an aggregate consideration of £9,700. The New Shares will rank pari passu with the existing shares and application has been made for the New Shares to be admitted to [...]
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