MKA

Blue Biofuels Appoints Chris Kneppers to Board of Directors

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수요일, 9월 28, 2022

Blue Biofuels has appointed Chris Kneppers, age 72 and a 5% shareholder, to fill a vacant seat on its Board of Directors.

Key Points: 
  • Blue Biofuels has appointed Chris Kneppers, age 72 and a 5% shareholder, to fill a vacant seat on its Board of Directors.
  • Mr. Kneppers recently stepped down from his position as Vice President and still serves as a Board Member of MKA.
  • Blue Biofuels management believes Mr. Kneppers is a strong addition to its board of directors due to his construction management skills and experience and his worldwide network of individuals and entities that may be utilized to facilitate development and expansion of our Companys business.
  • He will focus on business development in Europe and sharing his expertise in construction for Blue Biofuels going forward.

CoTec Provides Additional £500,000 Funding to Mkango

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수요일, 9월 7, 2022

The terms of the Advance are consistent with the terms of the 500,000 advance that CoTec provided to Mkango in June 2022 (the Initial Advance).

Key Points: 
  • The terms of the Advance are consistent with the terms of the 500,000 advance that CoTec provided to Mkango in June 2022 (the Initial Advance).
  • CoTec may extend exclusivity to 31 December 2022 by completing the 2 million (C$3 million) convertible note to Mkango (Mkango Note) by 15 October 2022.
  • The value of the Advance and the Initial Advance will be off-set against the Mkango Note.
  • This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango, and CoTec.

Mkango Files NI 43-101 Definitive Feasibility Study Report for the Songwe Hill Rare Earths Project in Malawi - NPV of US$559.0 Million and IRR of 31.5%

Retrieved on: 
월요일, 8월 22, 2022

LONDON and VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the Company or Mkango) is pleased to announce that it has filed a Technical Report (the Report) in relation to the Definitive Feasibility Study (DFS) for the Songwe Hill Rare Earths Project (Songwe or the Project) in Malawi previously announced on July 5, 2022.

Key Points: 
  • LONDON and VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the Company or Mkango) is pleased to announce that it has filed a Technical Report (the Report) in relation to the Definitive Feasibility Study (DFS) for the Songwe Hill Rare Earths Project (Songwe or the Project) in Malawi previously announced on July 5, 2022.
  • 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.
  • The forward-looking statements contained in this news release are made as of the date of this news release.
  • 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.

Mkango and CoTec Provide Transaction Update

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화요일, 6월 21, 2022

Under the terms of the Advance, CoTec will transfer 500,000 to Mkango within 7 business days of conditional TSXV approval, which is pending, such transfer to be no later than 30th June 2022.

Key Points: 
  • Under the terms of the Advance, CoTec will transfer 500,000 to Mkango within 7 business days of conditional TSXV approval, which is pending, such transfer to be no later than 30th June 2022.
  • CoTec is a publicly traded mining issuer listed on the Toronto Venture Stock Exchange and trades under the symbol CTH.
  • This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector.
  • This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango, its business, HyProMag, Mkango UK, the Pulawy Separation Plant, the Tyseley Recycling Facilities, the Mkango UK Pilot Plant and Songwe and the Transactions as well as with respect to CoTec.

Mkango And CoTec to Collaborate in Downstream Rare Earth Technologies With Proposed Investments Totalling £3.5 Million (C$5.6 million)

Retrieved on: 
월요일, 5월 30, 2022

LONDON and VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) and CoTec Holdings Corp. (TSX-V: CTH) (“CoTec”) are pleased to announce that, on May 29, 2022, they signed a non-binding term sheet in relation to a potential £2 million convertible note investment in Mkango bearing 5% interest, a potential £1.5 million equity investment in Maginito, and a co-operation agreement regarding future investments in rare earth processing technology opportunities in the United States.

Key Points: 
  • There can be no certainty that any agreement will be reached nor as to the final terms of the proposed investment.
  • William Dawes, Chief Executive of Mkango stated: We are very pleased to take this step towards collaborating with CoTec in the rare earths sector.
  • Maginito is focused on 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.
  • Maginito holds a 42% interest in U.K. rare earth (NdFeB) magnet recycler, HyProMag ( www.hypromag.com ) with an option to increase its interest to 49%.

Mkango Announces Results for Quarter and Year Ending December 2021

Retrieved on: 
목요일, 4월 28, 2022

LONDON and VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce its results for the quarter and year ended December 31, 2021.

Key Points: 
  • LONDON and VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce its results for the quarter and year ended December 31, 2021.
  • Highlights for the three months ended December 31, 2021, include:
    The Feasibility Study for Songwe is expected to be completed in the second quarter of 2022.
  • The plant is expected to bring significant benefits to Mkango including higher value-added products with increased margins and greater marketing flexibility.
  • The Company had cash of $4,446,850 at December 31, 2021 compared to $6,248,132 at September 30, 2021 and $4,924,567 at December 31, 2020.

Broadwind Fair Fund Distribution Agent Announces Notice of Distribution Plan

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월요일, 3월 21, 2022

IF YOU TIMELY SUBMIT A CLAIM FORM AND YOU SATISFY THE ELIGIBILITY CRITERIA UNDER THE DISTRIBUTION PLAN APPROVED BY THE COMMISSION, YOU MAY BE ELIGIBLE FOR A DISTRIBUTION PAYMENT FROM THE BROADWIND FAIR FUND.

Key Points: 
  • IF YOU TIMELY SUBMIT A CLAIM FORM AND YOU SATISFY THE ELIGIBILITY CRITERIA UNDER THE DISTRIBUTION PLAN APPROVED BY THE COMMISSION, YOU MAY BE ELIGIBLE FOR A DISTRIBUTION PAYMENT FROM THE BROADWIND FAIR FUND.
  • THE PLAN NOTICE CONTAINS IMPORTANT INFORMATION REGARDING THE BROADWIND FAIR FUND, THE PLAN, AND ELIGIBILITY UNDER THE PLAN.
  • On February 20, 2020, the Court also appointed Analytics Consulting LLC as the distribution agent ("Analytics" or "Distribution Agent") for the Fair Fund to assist in overseeing the administration and the distribution of the Fair Fund in coordination with SEC staff, pursuant to the terms of a distribution plan to be approved by this Court.
  • If you purchased Broadwind common stock during the period March 16, 2009 through March 11, 2010, inclusive; are not an Excluded Party as defined in the Plan; and suffered a loss according to the Plan; you may be eligible for a Distribution Payment from the Broadwind Fair Fund.

Diversifying the Rare Earth Value Chain for Europe’s Green Transition – ERMA Supports Mkango in Development of Pulawy Separation Plant in Poland

Retrieved on: 
금요일, 3월 11, 2022

ERMA is pleased to announce that it will support Mkango Resources Ltd. (AIM/TSX-V: MKA) with securing financing for the development of a rare earth separation plant to be located in Puawy, Poland.

Key Points: 
  • ERMA is pleased to announce that it will support Mkango Resources Ltd. (AIM/TSX-V: MKA) with securing financing for the development of a rare earth separation plant to be located in Puawy, Poland.
  • This plant will be supplied with rare earth carbonate originating from Mkangos Songwe Hill primary deposit of rare earth elements in Malawi, Africa.
  • The plant will also be able to process other materials supplied by third-party providers thus acting as a future European Hub for rare earth elements separation.
  • All these rare earth elements are critical in the production of electric vehicles, wind turbines and other clean energy applications that are key to Europes Green Agenda.

Mkango Commences Final Stage of Hydrometallurgy Piloting for the Songwe Hill Rare Earths Project in Malawi

Retrieved on: 
화요일, 12월 14, 2021

LONDON and VANCOUVER, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce the commencement of the final stage of hydrometallurgy pilot plant test work for the Songwe Hill Rare Earths project in Malawi (“Songwe” or the “Project”). Design and engineering studies by lead engineer SENET (a DRA Global Group Company) are nearing completion, with the Songwe Feasibility Study targeted for the first quarter of next year.

Key Points: 
  • The piloting of the hydrometallurgy processing flowsheet is an integral part of the Feasibility Study and a critical step towards commercialisation of the Songwe project.
  • This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector.
  • Mkango is developing Songwe Hill in Malawi with a Feasibility Study targeted for completion in Q1 2022.
  • 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.

Mkango Increases Interest in Rare Earth Magnet Recycler HyProMag to 42%

Retrieved on: 
수요일, 11월 3, 2021

LONDON and VANCOUVER, British Columbia, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that it has increased its interest in HyProMag from 25% to 41.6% following the exercise by HyProMag of its right to convert into shares of HyProMag the £200,000 convertible loan which formed part of the £500,000 financing package completed in January 2020. HyProMag is pioneering commercialisation of short loop magnet recycling via the patented Hydrogen Processing of Magnet Scrap (HPMS) technology. The HPMS process for extracting and demagnetising neodymium iron boron (“NdFeB”) alloy powders from magnets embedded in scrap and redundant equipment, was originally developed within the Magnetic Materials Group at the University of Birmingham and subsequently licenced to HyProMag.

Key Points: 
  • HyProMag is pioneering commercialisation of short loop magnet recycling via the patented Hydrogen Processing of Magnet Scrap (HPMS) technology.
  • Mkangos 41.6% interest in HyProMag is held via 100% owned subsidiary, Maginito Limited (Maginito), which has an option to increase its interest in HyProMag up to 49%.
  • William Dawes, Chief Executive of Mkango, stated: We are very pleased to increase our interest in HyProMag, which has the technology, team and network of partnerships to unlock the supply chain for rare earth magnet recycling.
  • Maginito now holds a 41.6% interest in UK rare earth (NdFeB) magnet recycler, HyProMag ( www.hypromag.com ) with an option to increase its interest to 49%.