News & Videos - MKANGO RESOURCES LTD CMN SHS NPV (DI)

Highlights Mkango Resources (“Mkango” or the “Company”) has conditionally raised gross proceeds of £750,000 (C$1.3M) via a direct Company subscription from existing shareholders, including a £150,000 investment by Mkango CEO William Dawes Use of proceeds include the acquisition of additional equipment to underpin HyProMag’s transition to first commercial sales of recycled NdFeB at Tyseley Energy Park in Birmingham, UK targeted for H2 2024, and orders of long lead time equipment in...

LONDON and VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that Canada-based BBA USA Inc. (“BBA”) and US-based PegasusTSI Inc. (“PegasusTSI”) have been engaged to complete the HyProMag USA, LLC (“HyProMag USA”) bankable feasibility study (“Feasibility Study”) to engineer and design its REE magnet recycling plants and a...

LONDON and VANCOUVER, British Columbia, Jan. 03, 2024 (GLOBE NEWSWIRE) -- CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that CoTec and Maginito Limited ("Maginito") have formed a 50/50 joint venture entity which will roll out HyProMag Limited’s (“HyProMag”) Hydrogen Processing of Magnet Scrap (“HPMS”) recycling technology into the United States. The newly formed joint venture company,...

LONDON and VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) regrets to announce that Stephen Motteram has stepped down from his position as the Talaxis Nominated Director on the Mkango Board, following his resignation from Noble Resources Trading Ltd. Derek Linfield, Chairman of Mkango stated: “On behalf of the Board and our shareholders, I would like to thank Stephen for his significant contributions to...

LONDON and VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce the first production of recycled rare earth magnets in the United Kingdom on commercial scale magnet manufacturing equipment in over 20 years, a major milestone in securing critical raw materials for the energy transition. HIGHLIGHTS: First production runs of short-loop recycled rare earth magnets completed at the Tyseley...

LONDON and VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce that it has published its inaugural Environmental, Social & Governance (“ESG”) Report for the year 2022. This report has been prepared, to the extent applicable for the current phase of operations, in accordance with the Global Reporting Initiative Standards (“GRI”) ‘Core’ option and is accompanied by a wider set of...

LONDON and VANCOUVER, British Columbia, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango") announces that at its Annual General Meeting (“AGM”) held yesterday all resolutions were duly passed. All business put forth at the Meeting was approved by shareholders of the Company, including: the election of Derek Linfield, William Dawes, Alexander Lemon, Philipa Varris, Stephen Motteram, Susan Muir and Shaun Treacy as Directors of the Company; appointment of BDO...

LONDON and VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) is pleased to announce that, following the acquisition of HyProMag Ltd, the corporate presentation has been updated in line with Mkango’s vision and strategy of sustainably sourcing rare earths for the green transition. The updated presentation is now available on the Company's website www.mkango.ca . Mkango Resources also announces that it will be attending the 19th...

LONDON and VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) and CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) are pleased to announce that HyProMag Ltd’s (“HyProMag”) rare earth magnet recycling technology has been selected by the Minerals Security Partnership (“MSP”) for support as one of its key projects. The technology was selected by the MSP because the MSP determined its strong potential to...

LONDON and VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) and CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) are pleased to provide an update on the roll-out of HyProMag’s rare earth magnet recycling technology into the United States. HyProMag Ltd (“HyProMag”) is a wholly owned subsidiary of Maginito Ltd (“Maginito”), which is 79.4% owned by Mkango and 20.6% owned by CoTec. Based on positive scoping...

LONDON and VANCOUVER, British Columbia, Oct. 02, 2023 (GLOBE NEWSWIRE) -- CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that CoTec has converted its £2 million convertible loan note in Mkango into additional shares of Mkango’s subsidiary Maginito Ltd. (“Maginito”). As a result of the conversion, CoTec’s equity position in Maginito has increased from 10 per cent to 20.6 per cent. Maginito...

LONDON and VANCOUVER, British Columbia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that CoTec and Maginito Limited ("Maginito") have entered into a binding letter agreement pursuant to which they have agreed a 50:50 joint venture (the “Joint Venture”) in relation to the United States roll-out of HyProMag’s rare earth magnet recycling technology....

HIGHLIGHTS: HyProMag to participate in grant funded project with European Metal Recycling Limited (EMR), the Offshore Renewable Energy (ORE) Catapult, Magnomatics and University of Birmingham Re-RE Wind aims to establish the UK’s first circular supply chain for rare earth magnets used in wind turbines: sustainable and safe decommissioning of wind turbine nacelles; applications in a new custom-designed generator; design for recycling; and life cycle and technoeconomic assessment. The first...

HIGHLIGHTS: Maginito (Mkango 90%; CoTec 10%) completes transaction to increase its ownership in HyProMag to 100% £1 million (C$1.7 million) cash consideration, funded from existing working capital in Maginito; and 9,742,031 Mkango shares equivalent to £1m (C$1.7m) at a price per share of 10.26 pence Maginito targeting first production from the UK in 2023 and Germany in 2024, with parallel technology roll-out into the US LONDON and VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) --...

LONDON and VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), announces that CEO, William Dawes and President, Alexander Lemon, will provide a corporate update on the Company via the Share Talk platform on Thursday 13 July 2023 at 17:30 pm BST. Please register for the event via the following link: https://www.bigmarker.com/share-talk/Mkango-Corporate-update . Questions can be submitted pre-event or at any...

LONDON and VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the 3-month period ending 31 March 2023. The reports are available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website ( https://mkango.ca/investors/financials/ ). Furthermore, the Company announces that,...

LONDON, United Kingdom and VANCOUVER, British Columbia, May 24, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce the appointment of Ms. Philipa Varris as independent non-executive director of the Company, subject to the approval of the TSX Venture Exchange (“ TSX-V ”). The appointment of Ms. Varris is part of the Company’s global expansion strategy and highlights the importance the Company places on upholding the...

HIGHLIGHTS: Maginito (Mkango 90%; CoTec 10%) to increase ownership in HyProMag from 42% to 100% for £1 million (C$1.69 million) in cash and £1 million (C$1.69 million) in Mkango shares, and a further £3 million (C$5.07 million) payable in four tranches of Mkango common shares subject to production and other milestones in the UK, Germany and US Cash component to be funded from the recent £1.5 million (C$2.54 million) investment by CoTec into Maginito as announced on 16 March 2023 Maginito to...

LONDON and VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd (AIM / TSX-V: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 31 December 2022. The reports are available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website ( https://mkango.ca/investors/financials/ ). Furthermore, the Company announces that it has...

Highlights CoTec invests £1.5 million (C$2.5 million) in Mkango’s subsidiary, Maginito Limited (“Maginito”), for a 10% equity interest and John Singleton, Chief Operating Officer of CoTec, has been appointed to the Board of Maginito Maginito now uniquely positioned in complementary short loop and long loop technologies to recycle rare earth NdFeB magnets through its existing interests in HyProMag and HyProMag GmbH, as well as in Mkango subsidiary, Mkango UK, which has been transferred...