BULLETIN V2024-1023
MKANGO RESOURCES LTD. ("MKA") BULLETIN TYPE: Private Placement-Brokered BULLETIN DATE: April 8, 2024 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on March 25, 2024:
Number of Shares: 15,000,000 common shares
Purchase Price: # 0.05 (approx.CDN$0.086) per common share
Warrants: N/A
Warrant Exercise Price: N/A
Number of Placees: 3 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: 1 3,000,000 Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate # of Shares Aggregate # of Warrants Finder's Fee: # 33,000 N/A 600,000
Finder's Warrants Terms: Each Finder's Warrant entitles the holder to purchase one Common Share at the price of $0.086 for a period of 3 years from the date of issuance.
The Company issued a news release on March 25, 2024 confirming closing of the private placement.
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