Mkango Resources Ltd. is pleased to announce that further to the Company's announcements of 28 October 2024 and 8 November 2024 , it has now closed its private placement through the issuance of 1,583,332 common shares of the Company at a price per Placement Share of 6 pence to management. Of the total, 666,666 shares have been issued to William [...]
Mkango Resources Ltd. notes that further to its announcement of 28 October 2024, due to administrative delays, admission of the 1,583,332 common shares of nil par value each is now expected to take place at 8 a.m. on or around 22 November 2024 rather than 8 November 2024 as originally indicated. The TSX-V has conditionally approved the issuance of [...]
Mkango Resources Ltd. announces that in connection with the reduction in executive management salaries and associated bonus scheme as announced on 10 May 2024, the Company will, subject to TSX-V approval, issue a total of 1,583,332 common shares to management. Of the total, 666,666 shares will be issued to William Dawes, 666,666 shares to Alexander [...]
Mkango Resources Ltd. announces the appointment, effective 11 October 2024, of MNP LLP as its independent auditor for the financial year ending December 31, 2024. The Company has completed the onboarding process of MNP. The Company's change in auditor follows a mandatory requirement of the resignation of BDO LLP on 2 October 2024, due solely to a [...]
Highlights HyProMag Ltd and Mkango Rare Earths UK Ltd have been awarded grants totalling £218,932 by Innovate UK to advance their medium-loop and long-loop rare earth magnet recycling routes - both underpinned by the patented Hydrogen Processing of Magnet Scrap technology developed at the University of Birmingham for demagnetising and liberating [...]
HYPROMAG TO PARTICIPATE IN£11MILLION GRANT FUNDED PROJECT: POWER-Highlights HyProMag, a pioneering rare earth magnet recycler and manufacturer, is participating in the £11 million PULSE project , which is part funded by the United Kingdom Government through the Advanced Propulsion Centre UK HyProMag will collaborate with four industrial partners in [...]
Mkango Resources Ltd. is pleased to announce that further to the Company's announcement of August 21, 2024, it has closed a private placement to raise gross proceeds of £1,250,000 through the issuance of 25,000,000 common shares of the Company at a price per Subscription Share of 5 pence . Accordingly, 25,000,000 Subscription Shares have now been [...]
Maginito Ltd and Inserma Anoia S.L have entered into a binding and exclusive agreement to collaborate on the optimisation, commercialisation and roll-out of pre-processing technologies for HyProMag in the United Kingdom, Germany, the United States and other regions. The latest mobile Inserma unit for hard disc drives can be co-located at hyperscale [...]
Mkango Resources announces that it has released the Financial Statements and Management's Discussion and Analysis for the three month period ending 30 June 2024. The reports are available under the Company's profile on the SEDARplus website and on the Company's website. Subsequent to quarter end, the Company announced the following financings: On [...]
Mkango Resources is pleased to announce that HyProMag GmbH is participating in the €8 million grant funded GREENE project, of which HyProMag GmbH will receive €350,125. HyProMag is 80% owned by HyProMag, a 100% owned subsidiary of Maginito. Maginito is 79.4% owned by Mkango and 20.6% owned by CoTec Holdings. REE permanent magnets based on Neodymium [...]
Mkango Resources has conditionally raised gross proceeds of £1.25M via a direct Company subscription from existing shareholders. EIT RawMaterials will, subject to the approval of the TSX-V, provide additional funding of €200,000 and receive a 5.7% interest in Mkango Polska, currently a 100% held subsidiary of Mkango developing the Pulawy Rare [...]
TR-1: Standard form for notification of major holdings: NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Mkango Resources Ltd. 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer x 2. Reason for the notification An acquisition or disposal [...]
