Mkango Resources Signs Two Investment Agreements With Talaxis - Finance News - London South East

Mkango Resources Signs Two Investment Agreements With Talaxis - Finance News - London South East: "Mkango Resources Signs Two Investment Agreements With Talaxis
Fri, 18th May 2018 10:37

LONDON (Alliance News) - Mkango Resources Ltd said Friday it has signed an agreement with shareholder Talaxis, a Noble Group subsidiary, in which Talaxis will acquire a 75% interest in Lancaster Exploration Ltd and 49% in Maginito Ltd.


Lancaster Exploration holds the licence for the Songwe Hill rare earths project in Malawi, and Maginito is a company focused on locating downstream opportunities related to the rare earths supply chain."



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