Mkango Resources Limited Announces Update to Admission Date of Placement Shares

LONDON, November 8, 2024 - Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) (the "Company" or "Mkango") notes that further to its announcement of 28 October 2024, due to administrative delays, admission of the 1,583,332 common shares of nil par value each ("Placement Shares") is now expected to take place at 8 a.m. on or around 22 November 2024 rather than 8 November 2024 as originally indicated. The TSX-V has conditionally approved the issuance of the shares, subject to satisfaction of customary closing conditions.

For further information on Mkango, please contact:

Mkango Resources Limited

William Dawes
Chief Executive Officer
will@mkango.ca
Canada: +1 403 444 5979
www.mkango.com
@MkangoResources

Alexander Lemon
President
alex@mkango.ca

SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Jeff Keating, Caroline Rowe
UK: +44 20 3470 0470

Alternative Resource Capital
Joint Broker
Alex Wood, Keith Dowsing
UK: +44 20 7186 9004/5

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

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SOURCE: Mkango Resources Ltd.