Mkango Resources Limited Announces Exercise of Warrants

Executive Summary

• Mkango Resources received an exercise notice for 1,200,000 warrants at £0.05 per share and will issue the corresponding common shares.
• The newly issued “Warrant Shares” are expected to be admitted to trading on AIM (and listed on TSX‑V) around 22 October 2025.
• Post‑admission, Mkango’s total issued and outstanding share capital will be 347,192,907 shares, with no treasury holdings.

Key Details

• Warrant Exercise: 1,200,000 warrants exercised at £0.05 per common share.
• Shares Issued: 1,200,000 new ordinary shares (“Warrant Shares”) to be issued upon exercise.
• Admission to Trading: Application made for admission of Warrant Shares to AIM; expected effective date and commencement of trading at 08:00 GMT on or around 22 Oct 2025.
• TSX‑V Listing: Warrant Shares will also be listed for trading on the TSX Venture Exchange.
• Post‑Exercise Capital Structure: Issued and outstanding share count will increase to 347,192,907 shares; no treasury shares held.
• Regulatory Notice: Disclosure made in accordance with DTR 5.6.1R; shareholders may use the new share total for FCA disclosure calculations.

Notable Quotes

(No direct quotes included in the release.)