Mkango Resources gets green light from TSXV for Talaxis transaction

Mkango Resources gets green light from TSXV for Talaxis transaction: "Mkango Resources gets green light from TSXV
Mkango Resources has announced the conditional acceptance of the Talaxis transaction by the TSX Venture Exchange is subject only to shareholder approval.
Pursuant to the agreement between Mkango Resources and Talaxis:
Talaxis will invest £12 million in three tranches to fully fund a feasibility study in Songwe for a 49% interest in the project, in addition to £2 million in two tranches in return for a 49% interest in a new venture (Newco) to be established by Mkango Resources focused on neodymium alloy powders, magnet and other technologies"



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