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Mkango Resources ( (TSE:MKA) ) has shared an announcement.
Mkango Resources Ltd announced the granting of stock options and restricted share units (RSUs) to its directors, officers, and employees, subject to regulatory approval. This move is part of the company’s securities-based compensation plans, which now account for 9.7% of its total issued share capital. Additionally, the company has issued new common shares following the exercise of warrants by a holder, which will be admitted to trading on AIM and TSX-V. These developments reflect Mkango’s strategic efforts to incentivize its leadership and align their interests with the company’s growth objectives, particularly in the rare earth magnet recycling sector.
More about Mkango Resources
Mkango Resources Ltd is a company listed on the AIM and TSX-V, aiming to become a leader in the production of recycled rare earth magnets, alloys, and oxides. It focuses on sustainable sources of neodymium, praseodymium, dysprosium, and terbium to meet the growing demand from electric vehicles, wind turbines, and other clean energy technologies.
YTD Price Performance: 63.52%
Average Trading Volume: 1,734,389
Technical Sentiment Signal: Sell
Current Market Cap: £45.16M
See more insights into MKA stock on TipRanks’ Stock Analysis page.