Mkango issues new shares to former CFO after RSU vesting

The latest announcement is out from Mkango Resources ( (TSE:MKA) ).

Mkango Resources has issued 2,038,589 new common shares to former chief financial officer Robert Sewell following the vesting of an equivalent number of restricted share units granted during his tenure. The new shares, which rank pari passu with existing equity, are expected to begin trading on AIM and the TSX-V around 23 February 2026, reflecting standard settlement of executive compensation awards after his recent resignation.

Following admission of these shares, Mkango’s issued and outstanding share capital will rise to 349,231,496 shares, with none held in treasury. The updated share count provides investors with a new baseline for calculating ownership thresholds and disclosure requirements, modestly diluting existing shareholders but clarifying the company’s capital structure after the management change.

More about Mkango Resources

Mkango Resources is a dual-listed company on AIM and TSX-V focused on the rare earths sector, aiming to become a market leader in recycled rare earth magnets, alloys and oxides. Through its majority stake in Maginito, it is developing short- and long-loop rare earth magnet recycling operations in the U.K., Germany and the U.S., alongside advanced rare earth projects in Malawi and Poland aligned with clean energy demand.

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