Off-market insider buying at Mkango Resources (V:MKA)

Derek Linfield, a Director, acquired 2,916,666 Common Shares on a direct ownership basis at a price of $0.240GBP through a private transaction on October 29th, 2021. This represents a $1,188,740 investment into the company's shares and an account share holdings change of 56.7%.

Mkango Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Mkango Resources Ltd. is a rare earth element and associated minerals exploration and development company. The Company has approximately two properties in the Republic of Malawi, Africa, including the Phalombe exploration license (Phalombe License) and the Thambani exploration license (Thambani License). The Phalombe License covers an area of approximately 849.1 square kilometers in southeast Malawi. Its main exploration target is the Songwe Hill deposit, which features carbonatite hosted rare earth mineralization. The Songwe Hill is located in southeastern Malawi, between Lake Chilwa and the Mulanje Massif. The Thambani License covers an area of approximately 470 square kilometers in Thambani, Mwanza District, Malawi. Its exploration activities include acquisition of Landsat7 and ASTER satellite imagery for the license area, systematic ground radiometric surveys to confirm and detail airborne anomalies, reconnaissance geological mapping and litho-geochemical sampling programs.