Mkango Raises £3.5m (C$5.7m) to Catalyse Near Term Mining and Recycling Milestones

Provided By Globe Newswire

Last update: Feb 13, 2023

Highlights

LONDON and VANCOUVER, British Columbia, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) is pleased to announce that it has conditionally raised gross proceeds of £3.5 million (approximately C$5.7 million) via a placing and subscription totalling 28,000,000 new common shares without par value each in the Company (the “Placing Shares”) at a price of 12.5 pence (“p”) (approximately C$0.205) per Placing Share (the “Placing”).