Mkango Resources announces that following the exercise of warrants over 151,515 common shares without par value in the share capital of the Company , it has received an aggregate cash consideration of £10,000 and is today issuing the equivalent number of New Shares. The warrants are being exercised at 6.6 pence each. The New Shares will rank pari passu with the existing shares and application has been made for the New [...]
LONDON, CALGARY, Dec. 11, 2017 -- Mkango Resources Ltd. is pleased to announce that the TSX Venture Exchange has conditionally accepted the transaction announced on 16 November 2017 with Talaxis Limited , a wholly owned subsidiary of Noble Group Limited, subject to shareholder approval, such vote to exclude the shares in Mkango held by Talaxis . Pursuant to the agreement in respect of the Transaction : Talaxis will invest [...]
Mkango Resources is pleased to announce that it has been granted an Exclusive Prospecting Licence covering the Chimimbe Hill nickel – cobalt deposit and other targets in Mchinji district, central Malawi. Highlights The Chimimbe Hill licence covers an area of 98.48 sq km and features laterite and saprolite hosted nickel, cobalt, chrome and other mineralisation Significant historical exploration has been completed [...]
CALGARY, Alberta, Nov. 28, 2017 -- 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, 2017. The reports will be available under the Company’s profile on SEDAR and on the Company’s website . For further information, please contact: Mkango Resources Limited William Dawes Chief Executive [...]
LONDON and CALGARY, Alberta, Nov. 24, 2017 -- Mkango Resources Ltd. announces that following the exercise of warrants over 3,862,856 common shares without par value in the share capital of the Company , it has received an aggregate cash consideration of £241,995 and is today issuing the equivalent number of New Shares. The warrants being exercised comprise 3,445,000 warrants at 6.6 pence each and 417,856 warrants at 3.5 [...]
Mkango Resources Ltd. is pleased to announce that it has entered into an agreement with Talaxis Limited , a wholly owned subsidiary of Noble Group Limited: Talaxis has agreed to fully fund a bankable feasibility study for Mkango's Songwe Hill Rare Earths Project in return for a 49% interest in the Project Talaxis will invest £12 million in the Project for the BFS in three tranches, with the first tranche of £2 million [...]
Mkango Resources Ltd. , announces that, subject to regulatory approval, Mkango has granted 2,840,000 stock options to directors, officers, employees and consultants of the Company. The Options have an exercise price of $0.07 CDN per common share, will vest over the next two years and are valid for a period of 10 years from the date of grant. The Options granted to the following directors are in accordance with the [...]
Mkango Resources Ltd. is pleased to announce that it has received conditional regulatory approval for the previously announced placing whereby Talaxis Ltd , a wholly owned subsidiary of Noble Group , has invested £500,000 at 3.5 pence per equity unit to acquire a 14.5% interest in Mkango. The principal uses of proceeds from the Placing will be to commence Phase II of the research and development programme with Metalysis [...]
Mkango Resources Ltd. is pleased to announce that it has commenced Phase II of its research and development programme with Metalysis Limited and has raised £500,000 at 3.5 pence per share in a placing . Successful Phase I production of a neodymium-iron-boron alloy powder has been achieved using Metalysis' solid-state technology NdFeB alloys are used to make permanent magnets, critical components of most electric [...]
CALGARY, ALBERTA--(Marketwired - Aug. 30, 2017) - Mkango Resources Ltd. (TSX VENTURE:MKA)(AIM:MKA) (the "Company" or "Mkango"), is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending June 30, 2017. The reports will be available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website [...]
CALGARY, ALBERTA--(Marketwired - Aug. 23, 2017) - Mkango Resources Ltd. (TSX VENTURE:MKA)(AIM:MKA) (the "Company" or "Mkango"), is pleased to announce that the Government of Malawi has granted a further two year renewal, from September 8, 2017, for Exclusive Exploration Licence ("EPL") 0303/10R3 ("the Thambani Licence"), in southwest Malawi. The main exploration targets in the Thambani licence are uranium, niobium [...]
CALGARY, ALBERTA--(Marketwired - May 25, 2017) - Mkango Resources Ltd. (TSX VENTURE:MKA)(AIM:MKA) (the "Company" or "Mkango"), is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending March 31, 2017. The reports will be available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website [...]
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