Mkango Announces Results of Annual General Meeting
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MKANGO RESOURCES LTD.
550 Burrard Street
Suite 2900
Vancouver
BC V6C 0A3
Canada
MKANGO ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING
London / Vancouver: 12 November 2025 – Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango) announces that
its Annual General Meeting (“AGM”), which was adjourned from 29 October 2025, was held today and all
resolutions were duly passed.
AGM Results
All business put forth at the Meeting was approved by shareholders of the Company, including:
- the election of Derek Linfield, William Dawes, Alexander Lemon, Philipa Varris, Susan Muir and Shaun
Treacy as Directors of the Company;
- appointment of MNP LLP as auditors of the Company and authorising the Directors to fix their
remuneration;
- approval of the Company’s amended stock option plan, amended Enterprise Management Incentive (EMI)
plan and amended Restricted Stock Unit (RSU) plan in accordance with the poli cies of the TSX Venture
Exchange (“TSX-V”); and
- approval by special resolution of certain amendments to the Articles of the Company, as described in the
Company’s management information circular dated 19 September 2025. A copy of the amended Articles
will shortly be filed under the Mkango’s profile on SEDAR+ (www.sedarplus.ca/home/).
About Mkango Resources Ltd.
Mkango is listed on the AIM and the TSX-V. Mkango’s corporate strategy is to become a market leader in
the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited
(“Maginito”), which is owned 79.4 per cent by Mk ango and 20.6 per cent by CoTec Holdings Corp.
(“CoTec”), and to develop new sustainable source s of neodymium, praseodymium, dysprosium and
terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy
technologies.
Maginito holds a 100 per cent interest in HyProMag Ltd and a 90 per cent direct and indirect interest
(assuming conversion of Maginito’s convertible loan ) in HyProMag GmbH, focused on short loop rare
earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare
Earths UK Ltd (“Mkango UK”), focused on long loop ra re earth magnet recycling in the UK via a chemical
route.
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Maginito and CoTec are also rolling out Hydrogen Processing of Magnet Scrap (“HPMS”) recycling
technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company.
Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi (“Songwe”) and the
Pulawy rare earths separation project in Poland (“ Pulawy”). Both the Songwe and Pulawy projects have
been selected as Strategic Projects under the European Union Critical Raw Materials Act. Mkango signed
a business combination agreement dated 2 July 2025 (t he “BCA”) with Crown PropTech Acquisitions to
list the Songwe Hill and Pulawy rare earths projects on NASDAQ via a SPAC Merger. Completion of the
BCA remains subject to satisfaction of certain conditions, including approval of the TSX-V.
For more information, please visit www.mkango.ca
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been
incorporated into UK law by the European Un ion (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service, this inside information is now considered to be in the
public domain.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements (within the meaning of that term under applicable
securities laws) with respect to Mkango. Generally, forward looking statements can be identified by the
use of words such as “targeted”, “plans”, “expects ” or “is expected to”, “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. Re aders 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 uncertaintie s, both general and specif ic, that contribute to
the possibility that the predictions, forecasts, proj ections 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. The forward-looking statements contained in this news release are ma de as of the date of
t h i s n e w s r e l e a s e . E x c e p t a s r e q u i r e d b y l a w , the Company disclaims any intention and assume no
obligation to update or revise any forward-looking st atements, whether as a resu lt of new information,
future events or otherwise, except as required by applicable law. Additionally, the Company undertakes
no obligation to comment on the ex pectations of, or statements made by, third parties in respect of the
matters discussed above.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
Neither the TSX Venture Exchange nor its Regulation Se rvices 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
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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.
For further information on Mkango, please contact:
Mkango Resources Limited
William Dawes Alexander Lemon
Chief Executive Officer President
[email protected] [email protected]
Canada: +1 403 444 5979
www.mkango.com
@MkangoResources
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Jeff Keating, Jen Clarke, Devik Mehta
UK: +44 20 3470 0470
Alternative Resource Capital
Joint Broker
Alex Wood, Keith Dowsing
UK: +44 (020) 4530 9160/77