Mkango Resources Ltd. is pleased to provide an update on its major diamond drilling programme underway at the Songwe Hill Rare Earths Project in Malawi. The drilling programme is a key component of the Feasibility Study for Songwe, which is being fully funded by Talaxis Limited , a subsidiary of Noble Group Ltd. A total of 6,558 metres of drilling had been completed as at August 8, comprising 52 drill holes to a maximum [...]
LONDON and CALGARY, Alberta, June 04, 2018 -- Mkango Resources Ltd. is pleased to announce that a major diamond drilling programme has commenced at the Songwe Hill Rare Earths Project in Malawi. The drilling programme is a key component of the Feasibility Study for Songwe, which is being fully funded by Talaxis Limited , a subsidiary of Noble Group Ltd. The drilling programme is for a minimum of 5,000 metres and will be [...]
LONDON and CALGARY, Alberta, May 30, 2018 -- Mkango Resources Ltd. is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending March 31, 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 Alexander Lemon Chief [...]
LONDON and CALGARY, Alberta, May 18, 2018 -- Mkango Resources Ltd. is pleased to announce that Mkango and Talaxis Ltd , a subsidiary of Noble Group Ltd, have signed the definitive agreements in relation to the transaction announced on November 16, 2017, whereby Talaxis will acquire up to a 75% interest in Lancaster Exploration Ltd , the holder of the licence for the Songwe Hill Rare Earths Project in Malawi, and up to 49 [...]
LONDON and CALGARY, Alberta, May 03, 2018 -- Mkango Resources Ltd. is pleased to provide a corporate update. Songwe Hill Rare Earths Deposit Following receipt of the £6 million investment by Talaxis Limited in January 2018, the initial phases of the feasibility study for Songwe have commenced. Preparation is well advanced for the largest diamond drilling programme to date at Songwe. Drilling is targeted to commence within [...]
LONDON and CALGARY, Alberta, April 13, 2018 -- 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, 2017. 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 Alexander Lemon [...]
Mkango Resources announces that Derek Linfield, Non-Executive Chairman of the Company, exercised 351,909 warrants at an exercise price of C$0.15 each on 28 February 2018. The consideration received by the Company will be C$52,786. The 351,909 new common shares without par value arising from the exercise of these warrants will rank pari passu with the existing shares and application has been made for the New Shares to be [...]
Mkango Resources announces that following the exercise of warrants over 1,546,212 common shares without par value in the share capital of the Company at an exercise price of 6.6 pence each, it has received an aggregate consideration of £102,050. 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 [...]
Mkango Resources announces that following the exercise of warrants over 1,716,650 common shares without par value in the share capital of the Company , it has received an aggregate consideration of £116,224. The warrants being exercised comprise 1,566,650 warrants at 6.6 pence each and 150,000 warrants at C$0.15 each. The New Shares will rank pari passu with the existing shares and application has been made for the New [...]
LONDON and CALGARY, Alberta, Jan. 24, 2018 -- Mkango Resources Ltd. is pleased to announce that following receipt of both shareholder and final TSX Venture Exchange approval, investments totalling £6 million have been received by Mkango subsidiaries in accordance with the previously announced agreement with Talaxis Limited : Talaxis has invested £5 million into Mkango subsidiary, Lancaster Exploration Limited , in return [...]
LONDON and CALGARY, Alberta, Jan. 18, 2018 -- Mkango Resources Ltd. is pleased announce that shareholders have approved the entering into and completion of the previously announced investment transaction with Talaxis Limited on a disinterested basis at its annual and special meeting of shareholders held in Toronto today . Subject to final TSX Venture Exchange approval, it is anticipated that investments of £5 million will [...]
Mkango Resources announces that following the exercise of warrants over 2,156,060 common shares without par value in the share capital of the Company , it has received an aggregate cash consideration of £137,650 and is issuing the equivalent number of New Shares. The warrants being exercised comprise 2,006,060 warrants at 6.6 pence each and 150,000 warrants at 3.5 pence each. The New Shares will rank pari passu with the [...]