Maginito Completes Acquisition of Pioneering Rare Earth Magnet Recycler Hypromag

Provided By GlobeNewswire

Last update: Aug 3, 2023

HIGHLIGHTS:

LONDON and VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce that, further to the previous announcement on May 16, 2023, Maginito Limited (“Maginito”) has completed the transaction to increase its ownership in HyProMag Limited (“HyProMag”) to 100% for a cash and share consideration (the “Transaction”).