Mkango Enters Into Agreement With Talaxis to Fund Development of the Songwe Hill Rare Earths Project in Malawi and Commercialisation of New Magnet Technologies

Mkango Resources Ltd.

LONDON, UNITED KINGDOM and CALGARY, ALBERTA--(Marketwired - Nov. 16, 2017) - Mkango Resources Ltd. (TSX VENTURE:MKA)(AIM:MKA) (the "Company" or "Mkango") is pleased to announce that it has entered into an agreement ("Agreement") with Talaxis Limited ("Talaxis"), a wholly owned subsidiary of Noble Group Limited: