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MKA.V ·

Mkango Announces Results of Annual General Meeting

Shareholder Meetings

Mkango Announces Results of Annual General Meeting

LONDON and VANCOUVER, British Columbia, Oct. 08, 2020 -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the " Company"

or " Mkango") is pleased to announce that shareholders have approved all resolutions at the Annual General Meeting (the

“Meeting ”) held in Toronto today.

All business put forth at the Meeting was approved by shareholders of the Company, including:

-        the election of Derek Linfield, William Dawes, Alexander Lemon, Adrian Reynolds, Susan Muir and Shaun Treacy as

Directors of the Company;

-        re-appointment of MNP LLP as auditors of the Company; and

-        approval of the Company’s stock option plan in accordance with the policies of the TSX Venture Exchange.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement may have been deemed inside information for the purposes of Article 7 of

Regulation (EU) No 596/2014 until the release of this announcement.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of that term under applicable securities laws)

with respect to Mkango, its business and the Project. Generally, forward looking statements can be identified by the use of

words such as “plans”, “expects” or “is expected”, “scheduled”, “estimates” “intends”, “anticipates”, “believes”, or variations of

such words and phrases, or statements that certain actions, events or results “can”, “may”, “could”, “would”, “should”, “might”

or “will”, occur or be achieved, or the negative connotations thereof. 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. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and

uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other

forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially

from any estimates or projections of future performance or results expressed or implied by such forward-looking statements.

Such factors and risks include, without limiting the foregoing, governmental action relating to COVID-19, COVID-19 and other

market effects on global demand for the metals and associated downstream products for which Mkango is exploring,

researching and developing, the positive results of a feasibility study on the Project and delays in obtaining financing or

governmental or stock exchange approvals. The forward-looking statements contained in this news release are made as of the

date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to

update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as

required by applicable law. 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.

For further information on Mkango, please contact:

Mkango Resources Limited

William Dawes Alexander Lemon

Chief Executive Officer President

[email protected]  [email protected] 

Tel: +1 403 444 5979  

www.mkango.ca   

@MkangoResources  

Blytheweigh  

Financial Public

Relations  

Tim Blythe  

UK: +44 207 138 3204  

SP Angel Corporate

Finance LLP  

Nominated Adviser and

Joint Broker  

Jeff Keating, Caroline

Rowe  

UK: +44 20 3470 0470  

Alternative Resource

Capital  

Joint Broker  

Alex Wood  

UK: +44 20 7186 9004  

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX

Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the

Company in the United States. The securities of the Company will not be registered under the United States Securities Act of

1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States to, or for the account or

benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.