RCS - Mkango Resources Ltd - Notice of Investor Presentation

Mkango ResourcesAnnouncement

10/07/2023 07:00

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RNS Number : 4199F  Mkango Resources Limited  10 July 2023

 

 

 

 

MKANGO RESOURCES
LTD.

550 Burrard
Street

Suite
2900

Vancouver

BC V6C
0A3

Canada

 

10 July 2023

 

NOTICE OF INVESTOR PRESENTATION

 

LONDON and VANCOUVER, 10 July 2023 -- 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
(https://www.bigmarker.com/share-talk/Mkango-Corporate-update) . Questions can
be submitted pre-event or at any time during the live presentation.

 

For further information, please contact:

 

 Mkango Resources Limited                                                         Canada: +1 403 444 5979

 William Dawes

 Chief Executive Officer

 will@mkango.ca (mailto:will@mkango.ca)

 Alexander Lemon

 President

 alex@mkango.ca (mailto:alex@mkango.ca)

 Robert Sewell

 Chief Financial Officer

 rob@mkango.ca (mailto:rob@mkango.ca)

 www.mkango.ca (http://www.mkango.ca)

 @MkangoResources

 Tavistock                                                                        UK: +44 20 7920 3150

 PR and IR Adviser

 Jos Simson, Cath Drummond

 mkango@tavistock.co.uk (mailto:mkango@tavistock.co.uk)

 SP Angel Corporate Finance LLP                                                   UK: +44 20 3470 0470

 Nominated Adviser and Joint Broker

 Jeff Keating, Kasia Brzozowska

 Alternative Resource Capital                                                     UK: +44 20 7186 9004/5

 Joint Broker

 Alex Wood, Keith Dowsing

 Bacchus Capital Advisers                                                         UK: +44 203 848 1642

 Financial Adviser                                                                UK: +44 7857 857 287

 Richard Allan

 richard.allan@bacchuscapital.co.uk (mailto:richard.allan@bacchuscapital.co.uk)

 

About Mkango

Mkango's corporate strategy is to develop new sustainable primary and
secondary sources of neodymium, praseodymium, dysprosium and terbium to supply
accelerating demand from electric vehicles, wind turbines and other clean
technologies. This integrated Mine, Refine, Recycle strategy differentiates
Mkango from its peers, uniquely positioning the Company in the rare earths
sector. Mkango is listed on the AIM Market of the London Stock Exchange
("AIM") and the Toronto Venture Exchange ("TSX-V").

Mkango is developing its Songwe Hill rare earths project ("Songwe Hill") in
Malawi with a Feasibility Study completed in July 2022 and an Environmental,
Social and Health Impact Assessment approved by the Government of Malawi in
January 2023. Malawi is known as "The Warm Heart of Africa", a stable
democracy with existing road, rail and power infrastructure, and new
infrastructure developments underway.

In parallel, Mkango and Grupa Azoty PULAWY, Poland's leading chemical company
and the second largest manufacturer of nitrogen and compound fertilizers in
the European Union, have agreed to work together towards development of a
rare earth Separation Plant at Pulawy in Poland (the "Pulawy Separation
Plant"). The Pulawy Separation Plant is expected to process the purified mixed
rare earth carbonate produced at Songwe Hill.

Through its 90% ownership of Maginito (www.maginito.com
(http://www.maginito.com/) ), Mkango is also developing green technology
opportunities in the rare earths supply chain, encompassing neodymium (NdFeB)
magnet recycling as well as innovative rare earth alloy, magnet, and
separation technologies. Following a recently announced transaction to acquire
HyProMag Limited ("HyProMag"), Maginito will hold a 100% interest in HyProMag
focused on short loop rare earth magnet recycling in the UK, a 90% direct and
indirect interest (assuming conversion of Maginito's convertible loan) in
HyProMag GmbH, a company focused on short loop rare earth magnet recycling in
Germany, and a 100% interest in Mkango Rare Earths UK Ltd, a company focused
on long loop rare earth magnet recycling in the UK via a chemical route. A new
US subsidiary, to be jointly owned by Maginito and CoTec, is expected to be
formed to develop rare earth recycling opportunities in the United States.

 

Mkango also has an extensive exploration portfolio in Malawi, including the
Mchinji rutile exploration project, the Thambani
uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

For more information, please visit www.mkango.ca (http://www.mkango.ca)

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements (within the meaning of
that term under applicable securities laws) with respect to Mkango. Generally,
forward looking statements can be identified by the use of words such as
"plans", "expects" or "is expected to", "scheduled", "estimates" "intends",
"anticipates", "believes", or variations of such words and phrases, or
statements that certain actions, events or results "can", "may", "could",
"would", "should", "might" or "will", occur or be achieved, or the negative
connotations thereof. Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur. By their
nature, forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties, both general and specific, that contribute to
the possibility that the predictions, forecasts, projections and other
forward-looking statements will not occur, which may cause actual performance
and results in future periods to differ materially from any estimates or
projections of future performance or results expressed or implied by such
forward-looking statements. Such factors and risks include, without limiting
the foregoing, the availability of (or delays in obtaining) financing to
develop Songwe Hill, , governmental action and other market effects on global
demand and pricing for the metals Mkango is exploring and developing, and
geological, technical and regulatory matters relating to the development of
Songwe Hill, The forward-looking statements contained in this news release are
made as of the date of this news release. Except as required by law, the
Company disclaims any intention and assume no obligation to update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by applicable law. Additionally, the
Company undertakes no obligation to comment on the expectations of, or
statements made by, third parties in respect of the matters discussed above.

The TSX Venture Exchange has neither approved nor disapproved the contents of
this press release. Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell or a solicitation of
an offer to buy any equity or other securities of the Company in the United
States. The securities of the Company will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") and may
not be offered or sold within the United States to, or for the account or
benefit of, U.S. persons except in certain transactions exempt from the
registration requirements of the U.S. Securities Act.

 

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