Mkango Announces Results Of Annual General Meeting

Executive Summary

• Mkango Resources Ltd. held its Annual General Meeting (AGM) on June 5, 2026, where all proposed shareholder resolutions were successfully approved.
• The meeting resulted in the election of six directors, the appointment of MNP LLP as the company's external auditors, and the approval of amended corporate governance and equity plans.
• Shareholders authorized amendments to the Stock Option, RSU, and EMI plans, including extending option expiration periods and increasing reserved share pools, alongside a TSXV waiver for a wholly-owned subsidiary.

Key Details

• Director Elections: Derek Linfield, William Dawes, Alexander Lemon, Philipa Varris, Susan Muir, and Shaun Treacy were elected as Directors.
• Auditor Appointment: MNP LLP appointed as auditors, with Directors authorized to fix their remuneration.
• Stock Option Plan: Approved amended and restated plan, extending the expiration date of options beyond ten years.
• Option Expiry Extension: Approved extension of the expiry date for certain existing options granted under the Stock Option Plan.
• RSU Plan: Approved amended and restated plan, increasing the number of Common Shares reserved for issuance.
• EMI Plan: Approved amended and restated Employee Share Incentive Plan.
• TSXV Waiver: Approved a waiver of review by the TSX Venture Exchange relating to the Corporation's wholly-owned subsidiary, Mkango Rare Earths Limited.