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Mkango Resources raises £12.5m to fund German acquisition and expand UK-German operations

Company Fundamentals
10 Apr 2026
Proactive Investors
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Bullish
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Mkango Resources Ltd has successfully closed a £12.5 million funding round by issuing 30.9 million shares at 33p each. The capital raised will support a potential acquisition in Germany and finance feasibility studies to expand its processing plants in both the UK and Germany. Additionally, the funds will cover working capital needs. The new shares are now admitted on AIM, with conditional listing acceptance on the TSX Venture Exchange pending usual closing conditions, marking a significant step in Mkango's growth strategy in rare earths.

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