Page 11 - Mkango Resources News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rare earths company Maginito, in which Mkango Resources holds a 90% interest, is set to increase its ownership in HyProMag from 42% to 100% for an initial £1-million in cash and £1-million in Mkango shares, as well as a further £3-million of Mkango shares, payable in four tranches, subject to production and other milestones in the UK, Germany and US. The cash component is to be funded from the recent £1.5-million investment by CoTec into Maginito. CoTec holds a 10% interest in Maginito.

HIGHLIGHTS: Maginito to increase ownership in HyProMag from 42% to 100% for £1 million in cash and £1 million in Mkango shares, and a further £3 million payable in four... | May 16, 2023

Mkango Resources has entered into an agreement to increase its ownership stake in HyProMag from 42% to 100%, it announced on Tuesday, in a cash and share transaction.

MKANGO RESOURCES LTD. MANAGEMENT'S DISCUSSION AND ANALYSIS For the three and twelve months ended December 31, 2022 ... | May 2, 2023

Shares of Mkango Resources Ltd. (CVE:MKA – Get Rating) were up 2.9% during trading on Monday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 834 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 10,527 shares. The stock had previously closed at […]