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An announcement from Mkango Resources ( (TSE:MKA) ) is now available.
Mkango Resources Ltd has announced an extension of the exclusivity period for its proposed business combination with Crown PropTech Acquisitions until July 3, 2025. This extension allows additional time to finalize negotiations on documents related to the business combination, which could significantly impact Mkango’s operations and market positioning by potentially enhancing its capabilities in rare earth magnet recycling and production.
More about Mkango Resources
Mkango Resources Ltd is a company listed on AIM and the TSX Venture Exchange, focusing on becoming a leader in the production of recycled rare earth magnets, alloys, and oxides. Through its interest in Maginito Limited, Mkango is involved in short and long loop rare earth magnet recycling and manufacturing in the UK, Germany, and the United States. The company also owns the Songwe Hill Rare Earth project in Malawi and the Pulawy Rare Earth’s separation project in Poland.
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