RE: Takeover price bingo23 Dec 2020 13:04
as Superroty stated earlier the recent RNS implies they may have had an approach!
London / Vancouver: December 21, 2020 - Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce the appointment of Bacchus Capital Advisers Limited ("Bacchus Capital") as strategic and financial adviser, encompassing mergers and acquisitions, takeover defence, strategic and other financial advice.
Bacchus Capital is a London-based independent investment and merchant banking boutique. The Bacchus Capital team members have been involved in building some of the world's most successful mining companies from the earliest stages and have played a key role in many of the metals and mining industry's most significant transactions in recent decades.
William Dawes, Chief Executive of Mkango stated: "We are very pleased to appoint Bacchus Capital as strategic and financial adviser. This comes at a critical time in Mkango's development, against the backdrop of transformational changes in the rare earths sector, and we look forward to working with Bacchus Capital to best position the company for new opportunities and to increase value for shareholders."