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Thu, 03rd Dec 2020 15:44
Mkango Resources Ltd - exploring for rare earth elements in Malawi - Completes drilling and soil sampling programme to find rutile prospects in Mchinji licence, Malawi. "All samples have now been transported overland from Malawi to a specialist assay laboratory, Scientific Services in Cape Town, South Africa," Mkango says.
Current stock price: 12.62 pence
Year-to-date change: up 47%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
(Alliance News) - Mkango Resources Ltd on Thursday said its subsidiary, Maginito Ltd, has formed a joint venture with CoTec Holdings Corp for the roll-out of HyProMag's rare earth magnet recycling technology.
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(Sharecast News) - Mkango Resources and its partner CoTec Holdings announced their collaboration through a 50-50 joint venture to roll out HyProMag's innovative rare earth magnet recycling technology in the United States on Thursday.
Read more(Alliance News) - Mkango Resources Ltd on Tuesday said HyProMag Ltd, which its 90%-owned subsidiary Maginito Ltd fully owns, is participating in a GBP1.5 million project called Re-RE Wind, which aims to establish the UK's first circular supply chain for rare earth magnets used in wind turbines.
Read more(Alliance News) - Mkango Resources Ltd on Tuesday said HyProMag Ltd, which its 90%-owned subsidiary Maginito Ltd fully owns, is participating in a GBP1.5 million project called Re-RE Wind, which aims to establish the UK's first circular supply chain for rare earth magnets used in wind turbines.
Read moreMkango Resources Ltd - Vancouver-based mineral exploration and development company - Pretax loss in the six months to June 30 narrows to USD1.6 million from USD4.2 million a year prior. The company does not generate revenue. Meanwhile, Mkango issues 280,678 shares to Bacchus Capital Advisors Ltd for CAD0.1650 each, based on the closing price of Mkango shares as at June 30 and a USD to CAD exchange rate of USD1 to CAD1.3232 that day. The shares are for strategic and financial advisory services that Bacchus provided to Mkango in the second financial quarter to June 30.
Read more(Alliance News) - Mkango Resources Ltd on Thursday said that Maginito Ltd has successfully increased its ownership in HyProMag Ltd to 100% for a cash and share consideration.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - 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.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read moreMkango Resources Ltd - Vancouver-based mineral exploration and development company - Chief Executive Officer William Dawes buys 800,000 shares at an average price of 12.85 pence each, worth GBP102,800, in London on Monday. Dawes is now interested in 9.5 million shares, a 4.4% stake. This includes 975,238 shares in his own name and 8.5 million shares controlled through Leo Mining & Exploration Ltd. Dawes is a director of Leo Mining and owns 17.3% of the issued and outstanding shares.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more(Alliance News) - Mkango Resources Ltd on Monday said it has raised GBP3.5 million through a placing and subscription of 28.0 million new shares at a price of 12.5 pence each.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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