States(includingitsterritoriesandpossessions,anystateoftheunitedstatesorthe Districtofcolumbia),oranyjurisdictionwheretodosowouldconstituteaviolation Oftherelevantlawsofsuchjurisdiction. Mkangomagneticmaterialslimited 550BurrardStreet
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES(INCLUDINGITSTERRITORIESANDPOSSESSIONS,ANYSTATEOFTHEUNITEDSTATESORTHE
DISTRICTOFCOLUMBIA),ORANYJURISDICTIONWHERETODOSOWOULDCONSTITUTEAVIOLATION
OFTHERELEVANTLAWSOFSUCHJURISDICTION.
MKANGOMAGNETICMATERIALSLIMITED
550BurrardStreet
Suite2900
Vancouver
BCV6C0A3
Canada
MKANGORESOURCESLTDANNOUNCESNAMECHANGETO
MKANGOMAGNETICMATERIALSLIMITED
London / Vancouver: 21 September 2026 - Mkango Resources Ltd (AIM/TSX-V:MKA) (the “Company” or
“Mkango”),announcesthatitwillbechangingitsnametoMkangoMagneticMaterialsLimited.Thenamechange
reflects the company’s transition from being a primary raw material project developer to the core focus now
centered on the downstream rare earth supply chain, focused on magnet manufacturing and recycling
technologies.
Effective at the start of trading on September 23, 2026, the Company will commence trading under the new
nameontheTSXVentureExchangeandAIM.TheCompanywillcontinuetotradeunderthetickersymbol"MKA"
andthewebsiteaddressremainsunchanged.TheupdatedCompanyidentifiersareasbelow:
CUSIP–60701M107
ISIN–CA60701M1077
SEDOL(s)–BTSK7J2(CAD);BTSK7N6(GBP)
LEInumber–213800RPILRWRUYNTS85(nochange)
Shareholders are not required to take any action regarding the change. If registered shareholders have any
questions or wish to receive an updated DRS advice or share certificate, if applicable, they can contact the
Company’s transfer agent directly at Computershare by calling 1-800-564-6253 (toll free in Canada and the
UnitedStates)or514-982-7555(internationaldirectdial),oronlineatwww.computershare.com/service.
AboutMkangoResourcesLtd.(toberenamedMkangoMagneticMaterialsLtd)
MkangoislistedontheAIMandtheTSX-VStockExchanges.Mkango’scorporatestrategyistobecomeamarket
leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito
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Limited (“Maginito”), which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec Holdings Ltd
(“CoTec”),andtheRemloybusinessacquiredbyitswhollyownedGermansubsidiary,todevelopnewsustainable
sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric
vehicles,windturbinesandothercleanenergytechnologies.
Maginito holds a 100 per cent interest in HyProMag Limited 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
magnetrecyclingandmanufacturingintheUKandGermany,respectively,anda100percentinterestinMkango
Rare Earths UK Ltd (“Mkango UK”), focused on long loop rare earth magnet recycling in the UK via a chemical
processingroute.
Maginito and CoTec are also expanding HPMS recycling technology into the United States via the 50/50 owned
HyProMagUSAjointventurecompany.
RemloyhasdevelopedaplantinBitterfeld,Germany,whichrecyclesend-of-liferareearthmagnetsviaamelting
process(mediumlooprareearthmagnetrecycling)toproduceneodymium-iron-boron(“NdFeB”)alloypowders
forthebondedandhotdeformedmagnetmarkets,complementarytoHyProMag’sshortlooprecyclingprocess,
to produce sintered magnets, and to Mkango UK’s long loop recycling process, to produce mixed rare earth
carbonatesandoxides.
Mkangocurrentlyowns100%oftheadvancedstageSongweHillrareearthsprojectinMalawiandtheproposed
Pulawy rare earths separation plant in Poland. On grant of the large-scale mining licence the Government of
Malawi may elect to take a free 10% interest in the entity holding that licence. Both the Songwe and Pulawy
projectshave been selected asStrategic Projectsunder the European Union Critical Raw MaterialsAct. Songwe
has also received Development Funding from the U.S. International Development Finance Corporation (DFC),
the U.S. Government’s development finance institution, securing US$4.6 million in reimbursable funding for
Front End Engineering and Design. MKAR has signed a Business Combination Agreement with CKPT to list the
SongweHillandPulawyrareearthsprojectsonNASDAQviaaSPACmergerunderthenameMkangoRareEarths
Limited.
Formoreinformation,pleasevisit www.mkango.ca
CautionaryNoteRegardingForward-LookingStatements
Thisnewsreleasecontains“forward-lookingstatements”and“forward-lookinginformation”withinthemeaning
of applicable Canadian securities legislation and other applicable securities laws (together, “forward-looking
statements”) with respect to Mkango and its subsidiaries. Generally, forward-looking statements can be
identifiedbytheuseofwordssuchas“plans”,“expects”or“isexpectedto”,“scheduled”,“estimates”,“intends”,
“anticipates”,“believes”,“targets”,orvariationsofsuchwordsandphrases,orstatementsthatcertainactions,
events or results “can”, “may”, “could”, “would”, “should”, “might” or “will”, occur or be achieved, or the
negativeconnotationsthereof.
ForfurtherinformationonMkango,pleasecontact:
MkangoResourcesLtd(toberenamedMkangoMagneticMaterialsLtd)
WilliamDawes
ChiefExecutiveOfficer
AlexanderLemon
President
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Canada:+14034445979
www.mkango.ca
@MkangoResources
SPAngelCorporateFinanceLLP
NominatedAdviserandJointBroker
CarolineRowe,JenClarke,DevikMehta
UK:+442034700470
CavendishCapitalMarketsLimited
JointBroker
NeilMcDonald,PearlKellie
UK:+442073300500
H&PAdvisoryLimited
JointBroker
AndrewChubb,LeifPowis
UK:+442079078500
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither
theTSXVentureExchangenoritsRegulationServicesProvider(asthattermisdefinedinthepoliciesoftheTSX
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
securitiesofMkangointheUnitedStates.ThesecuritiesofMkangowillnotberegisteredundertheUnitedStates
Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United
Statesto,orfortheaccountorbenefitof,U.S.personsexceptincertaintransactionsexemptfromtheregistration
requirementsoftheU.S.SecuritiesAct.