Mkango Resources is pleased to announce a non-brokered private placement of up to 11,430,000 units at a price of C$0.175 per Unit for gross cash proceeds of up to C$2,000,250. Each Unit consists of one common share and one-half of a Common Share purchase warrantof Mkango. Each whole Warrant entitles the holder to acquire one Common Share for C$0.35 for a period of 12 months following the closing date of the financing [...]
Mkango Resources, is pleased to announce that the Government of Malawi has granted a further two year renewal for Exclusive Exploration Licence 0284/10R, in southeast Malawi. Mkango's flagship project, the Songwe Hill rare earth project is located in the Phalombe Licence. Since commencement of trading on January 5th, 2011, Mkango has undertaken an extensive work program in relation to th
Mkango Resources is pleased to announce that it has entered into an investor relations consulting agreement, effective December 10, 2012, with Ashlee Utterback. Ms. Utterback has worked in investor relations most recently with Castle Peak Mining Limited and has been in sales and marketing management for the last 10 years. Ms. Utterback will assist Mkango Resources Limited with providing investor relations, marketing and [...]
Mkango Resources is pleased to announce that it has filed a Technical Report for the Songwe rare earth project in Malawi. The Mineral Resource estimates from the Report, as previously announced in the News Release of 10th October 2012, are summarised below and in the tables thereafter.
Mkango Resources is pleased to announce a NI 43-101 compliant mineral resource estimate for the Songwe project in Malawi: The in-situ Indicated and Inferred mineral resource estimates at the chosen base case cut-off grade of 1.0% TREO represent a major milestone in the development of the project. Substantial tonnages at a higher grade are also generated at a higher cut-off grade of 1.5% TREO
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