Mkango Resources Limited Announces Management Restructures Compensation
Mkango Resources Limited Announces Management Restructures Compensation
LONDON, UK and VANCOUVER, BC / ACCESSWIRE / May 10, 2023 / Mkango Resources Ltd (AIM:MKA)(TSXV:MKA) ("Mkango" or the "Company") announces that, as part of its cost cutting initiatives and complementary to its recent £750,000 private placement closing, announced on 11th April, executive management salaries have been reduced by between 25% to 50% each from April 2024 through to September 2024. This conserves additional working capital to advance the Company's assets. In connection with these salary reductions, the board has implemented a bonus scheme in the form of shares to incentivise the executive management team. The non-executive directors (including the Non-Executive Chairman) have foregone their remuneration since 1 January 2024.
英國倫敦和不列顛哥倫比亞省溫哥華/ACCESSWIRE/2023年5月10日/Mkango Resources Ltd(AIM: MKA)(多倫多證券交易所股票代碼:MKA)(“Mkango” 或 “公司”)宣佈,作爲其削減成本計劃的一部分,對4月11日宣佈的最近75萬英鎊私募交易的補充,從2024年4月到2024年9月,執行管理層的薪水均減少25%至50%。這樣可以節省額外的營運資金來推進公司的資產。在這些減薪方面,董事會實施了一項以股票爲形式的獎金計劃,以激勵執行管理團隊。自2024年1月1日起,非執行董事(包括非執行主席)已放棄薪酬。
The Company has also issued 4,037,024 Restricted Share Units ("RSUs") pursuant to the Company's RSU plan as adopted on 25 October 2023, ("RSU Plan"), to William Dawes (1,513,884 RSUs), Alexander Lemon (1,513,884 RSUs) and Robert Sewell (1,009,256 RSUs). Each RSU is exchangeable, on vesting, for one common share of the Company. Included in these RSUs are 1,250,000 RSUs allocated upon the surrender of 1,250,000 options, previously granted on 30 August 2021 and 30 May 2023, to the Company's Chairman, Derek Linfield, to provide further incentives to management and in appreciation of the salary reductions referred to above.
根據公司於2023年10月25日通過的限制性股票單位計劃(“RSU計劃”),公司還向威廉·道斯(1,513,884個限制性股票單位)、亞歷山大·萊蒙(1,513,884個限制性股票單位)和羅伯特·塞威爾(1,009,256個限制性股票單位)發行了4,037,024個限制性股票單位(“RSU”)。每個 RSU 在歸屬時均可兌換爲公司的一股普通股。這些限制性股票單位中包括在向公司董事長德里克·林菲爾德交出125萬份期權時分配的125萬份限制性股票單位,此前曾於2021年8月30日和2023年5月30日授予公司董事長德里克·林菲爾德,以向管理層提供進一步的激勵措施,並對上述減薪表示讚賞。
In addition to the normal vesting condition contained in the RSU Plan, the RSUs issued to William Dawes and Alexander Lemon will not vest until first commercial sales of recycled NdFeB at Tyseley Energy Park are achieved. Following the surrender of options and the grant of RSUs, the total number of ordinary shares under option is 26,845,357, representing 10 per cent of the Company's total issued share capital.
除了RSU計劃中包含的正常歸屬條件外,在泰斯利能源園實現回收釹鐵硼的首次商業銷售之前,向威廉·道斯和亞歷山大·萊蒙發行的限制性股票不會歸屬。在交出期權和授予限制性股票單位之後,期權下的普通股總數爲26,845,357股,佔公司已發行股本總額的10%。
William Dawes, Chief Executive of Mkango stated: ''With development of the recycling operations gathering momentum globally, including the recent USA feasibility study commencement, placement of equipment orders for Germany, the UK chemical recycling pilot plant commissioning nearing completion and HyProMag's targeted first commercial sales of recycled NdFeB at Tyseley Energy Park later this year, Mkango's executive management team are happy to be incentivized for a significant portion of our compensation. We firmly believe in the long-term robust economics and growth potential offered through our investment in HyProMag and the complementary recycling routes being developed by Mkango Rare Earths UK. This arrangement comes in addition to the recent £150,000 I subscribed for personally in the last private placement.''
Mkango 首席執行官 William Dawes 表示: “隨着全球回收業務的發展勢頭增強,包括最近美國開始進行可行性研究,向德國下達設備訂單,英國化學品回收試點工廠的投產接近完成,以及HyproMag計劃於今年晚些時候在泰斯利能源園首次商業銷售回收釹鐵硼,Mkango的執行管理團隊很高興獲得激勵,獲得我們的很大一部分薪酬。我們堅信,通過對HyproMag的投資以及英國Mkango Rare Earths正在開發的補充回收路線,可以帶來長期穩健的經濟和增長潛力。這項安排是對我最近在上次私募中親自認購的15萬英鎊的補充。”
About Mkango Resources Ltd.
關於 Mkango 資源有限公司
Mkango is listed on the AIM and the TSX-V. Mkango's corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited ("Maginito"), which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies.
Mkango在AIM和TSX-V上市。Mkango的公司戰略是通過其持有Maginito Limited(“Maginito”)的股權,成爲再生稀土磁體、合金和氧化物生產領域的市場領導者,該公司由Mkango持有79.4%的股權,由CoTec持有20.6%,並開發新的可持續的釹氣、釹和萜來源,以滿足不斷增長的電動汽車需求,風力渦輪機和其他清潔能源技術。
Maginito holds a 100 per cent interest in HyProMag and a 90 per cent direct and indirect interest (assuming conversion of Maginito's convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd ("Mkango UK"), focused on long loop rare earth magnet recycling in the UK via a chemical route.
Maginito持有HyproMag的100%權益和HyproMag GmbH的90%的直接和間接權益(假設轉換了Maginito的可轉換貸款),分別專注於英國和德國的短環稀土磁體回收利用,並持有Mkango Rare Earths UK Ltd(“Mkango UK”)的100%權益,專注於通過化學途徑在英國進行長回收稀土磁體。
Maginito and CoTec are also rolling out HyProMag's recycling technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company.
Maginito和CoTec還通過擁有50/50股權的HyproMag USA LLC合資公司向美國推出HyproMag的回收技術。
Mkango also owns the advanced stage Songwe Hill rare earths project and an extensive rare earths, uranium, tantalum, niobium, rutile, nickel and cobalt exploration portfolio in Malawi, and the Pulawy rare earths separation project in Poland. Discussions with the Government of Malawi in relation to the Mining Development Agreement for Songwe Hill are ongoing.
Mkango還擁有處於後期階段的Songwe Hill稀土項目和馬拉維的大量稀土、鈾、鉭、鈮、金紅石、鎳和鈷的勘探組合,以及波蘭的Pulawy稀土分離項目。與馬拉維政府關於松威山礦業開發協議的討論正在進行中。
For more information, please visit
欲了解更多信息,請訪問
Cautionary Note Regarding Forward-Looking Statements
關於前瞻性陳述的警示說明
This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango. Generally, forward looking statements can be identified by the use of words such as "targeted", "plans", "expects" or "is expected to", "scheduled", "estimates" "intends", "anticipates", "believes", or variations of such words and phrases, or statements that certain actions, events or results "can", "may", "could", "would", "should", "might" or "will", occur or be achieved, or the negative connotations thereof. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Such factors and risks include, without limiting the foregoing, receipt of TSX-V approval for the Subscription, the availability of (or delays in obtaining) financing to develop Songwe Hill, and the various recycling plants in the UK, Germany and the US as well as the separation plant in Poland, governmental action and other market effects on global demand and pricing for the metals and associated downstream products for which Mkango is exploring, researching and developing, geological, technical and regulatory matters relating to the development of Songwe Hill, the ability to scale the HPMS and chemical recycling technologies to commercial scale, competitors having greater financial capability and effective competing technologies in the recycling and separation business of Maginito and Mkango, availability of scrap supplies for recycling activities, government regulation (including the impact of environmental and other regulations) on and the economics in relation to recycling and the development of the various recycling and separation plants of Mkango and Maginito and future investments in the United States pursuant to the cooperation agreement between Maginito and CoTec, the outcome and timing of the completion of the feasibility studies, cost overruns, complexities in building and operating the plants, and the positive results of feasibility studies on the various proposed aspects of Mkango's, Maginito's and CoTec's activities. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.
本新聞稿包含有關Mkango的前瞻性陳述(根據適用的證券法,該術語的含義範圍內)。通常,前瞻性陳述可以通過使用 “目標”、“計劃”、“預期” 或 “預期”、“預期”、“估計”、“打算”、“預期”、“相信” 等詞語來識別,或者某些行動、事件或結果 “可能”、“可能”、“會”、“應該”、“可能” 或 “可能” 的陳述將”、發生或將要實現,或其負面含義。提醒讀者不要過分依賴前瞻性陳述,因爲無法保證這些陳述所依據的計劃、意圖或預期會發生。就其性質而言,前瞻性陳述涉及許多假設,包括已知和未知的風險和不確定性,包括一般和具體的,這些假設增加了預測、預測、預測和其他前瞻性陳述不發生的可能性,這可能導致未來時期的實際表現和結果與此類前瞻性陳述所表達或暗示的對未來業績或結果的任何估計或預測存在重大差異。這些因素和風險包括(但不限於前述內容)獲得TSX-V的認購批准、開發松威山以及英國、德國和美國的各種回收廠以及波蘭的分離廠的融資的可用性(或延遲獲得)、政府行動和其他市場對Mkango正在勘探、研究和開發的金屬及相關下游產品的全球需求和定價的影響,地質、技術和與松威山開發有關的監管事宜,將HPMS和化學品回收技術擴展到商業規模的能力,在Maginito和Mkango的回收和分離業務中具有更強財務能力和有效競爭技術的競爭對手,用於回收活動的廢料供應情況,政府監管(包括環境和其他法規的影響)以及與回收和開發Mkango和Maginito的各種回收和分離工廠以及未來在美國的投資有關的經濟學Maginito與CoTec之間的合作協議、可行性研究的結果和完成時間、成本超支、建設和運營工廠的複雜性,以及對Mkango、Maginito和CoTec活動的各個擬議方面的可行性研究的積極成果。本新聞稿中包含的前瞻性陳述自本新聞發佈之日起作出。除非法律要求,否則公司不打算更新或修改任何前瞻性陳述,也沒有義務更新或修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因,除非適用法律要求。此外,公司沒有義務評論第三方對上述事項的期望或陳述。
For further information on Mkango, please contact:
有關 Mkango 的更多信息,請聯繫:
Mkango Resources Limited
Mkango 資源有限公司
William Dawes Alexander Lemon
Chief Executive Officer President
will@mkango.caalex@mkango.ca
Canada: +1 403 444 5979
@MkangoResources
威廉·道斯亞歷山大·萊蒙
首席執行官總裁
will@mkango.caalex@mkango.ca
加拿大:+1 403 444 5979
@MkangoResources
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Jeff Keating, Caroline Rowe, Kasia Brzozowska
UK: +44 20 3470 0470
SP Angel 企業融資有限責任公司
提名顧問和聯合經紀人
傑夫·基廷、卡羅琳·羅、卡西亞·布爾佐佐夫斯卡
英國:+44 20 3470 0470
Alternative Resource Capital
Joint Broker
Alex Wood, Keith Dowsing
UK: +44 20 7186 9004/5
替代資源資本
聯合經紀人
亞歷克斯·伍德、基思·道辛
英國:+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.
多倫多證券交易所風險交易所既未批准也未批准本新聞稿的內容。多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
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.
本新聞稿不構成出售要約或邀約購買本公司在美國的任何股權或其他證券。本公司的證券將不會根據經修訂的1933年《美國證券法》(“美國證券法”)進行註冊,也不得在美國境內向美國個人或爲美國人的賬戶或利益進行發行或出售,除非某些交易不受《美國證券法》的註冊要求。
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
履行管理職責的人員和與其密切相關的人員對交易的通知和公開披露:
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name |
1) William Dawes 2) Alexander Lemon 3) Robert Sewell |
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2 | Reason for the notification | ||||||||
a) | Position/status |
1) Chief Executive Officer 2) President and Co-Founder 3) Chief Financial Officer |
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b) | Initial notification /Amendment | Initial Notification | |||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||
a) | Name | Mkango Resources Ltd | |||||||
b) | LEI | 213800RPILRWRUYNTS85 | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||
a) | Description of the financial instrument, type of instrument | RSU over common shares of nil par value each | |||||||
Identification code | ISIN: CA60686A4090 | ||||||||
b) | Nature of the transaction | Issue of Restricted Share Units | |||||||
c) | Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
4,037,024 RSU
|
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e) | Date of the transaction | 9 May 2024 | |||||||
f) | Place of the transaction | Outside a trading venue |
1 | 履行管理職責的人員/密切相關人員的詳細資料 | ||||||||
a) | 姓名 |
1) 威廉·道斯 2) 亞歷山大·萊蒙 3) 羅伯特·休厄爾 |
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2 | 通知原因 | ||||||||
a) | 職位/狀態 |
1) 首席執行官 2) 總裁兼聯合創始人 3) 首席財務官 |
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b) | 初次通知/修正 | 初始通知 | |||||||
3 | 發行人、排放補貼市場參與者、拍賣平台、拍賣商或拍賣監督機構的詳細信息 | ||||||||
a) | 姓名 | Mkango 資源有限公司 | |||||||
b) | 謊言 | 213800RPILRWRUYNTS85 | |||||||
4 | 交易詳情:(i)每種工具;(ii)每種類型的交易;(iii)每種日期;(iii)每種交易的詳細內容;以及(iv)每個交易地點 | ||||||||
a) | 金融工具的描述,工具的類型 | RSU 高於每股面值爲零的普通股 | |||||||
識別碼 | ISIN: CA60686A4090 | ||||||||
b) | 交易的性質 | 發行限制性股票單位 | |||||||
c) | 價格和交易量 |
|
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d) |
彙總信息 -彙總交易量 -價格 |
4,037,024 盧比
|
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e) | 交易日期 | 2024 年 5 月 9 日 | |||||||
f) | 交易地點 | 在交易場所外 |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
履行管理職責的人員和與其密切相關的人員對交易的通知和公開披露:
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Derek Linfield | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | Non-Executive Chairman | |||||||
b) | Initial notification /Amendment | Initial Notification | |||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||
a) | Name | Mkango Resources Ltd | |||||||
b) | LEI | 213800RPILRWRUYNTS85 | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||
a) | Description of the financial instrument, type of instrument | Options over common shares | |||||||
Identification code | ISIN: CA60686A4090 | ||||||||
b) | Nature of the transaction | Surrender of options over common shares | |||||||
c) | Price(s) and volume(s) |
|
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d) |
Aggregated information - Aggregated volume - Price |
1,250,000 Options
|
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e) | Date of the transaction | 9 May 2024 | |||||||
f) | Place of the transaction | Outside a trading venue |
1 | 履行管理職責的人員/密切相關人員的詳細資料 | ||||||||
a) | 姓名 | 德里克·林菲爾德 | |||||||
2 | 通知原因 | ||||||||
a) | 職位/狀態 | 非執行主席 | |||||||
b) | 初次通知/修正 | 初始通知 | |||||||
3 | 發行人、排放補貼市場參與者、拍賣平台、拍賣商或拍賣監督機構的詳細信息 | ||||||||
a) | 姓名 | Mkango 資源有限公司 | |||||||
b) | 謊言 | 213800RPILRWRUYNTS85 | |||||||
4 | 交易詳情:(i)每種工具;(ii)每種類型的交易;(iii)每種日期;(iii)每種交易的詳細內容;以及(iv)每個交易地點 | ||||||||
a) | 金融工具的描述,工具的類型 | 相對於普通股的期權 | |||||||
識別碼 | ISIN: CA60686A4090 | ||||||||
b) | 交易的性質 | 放棄普通股期權 | |||||||
c) | 價格和交易量 |
|
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d) |
彙總信息 -彙總交易量 -價格 |
1,250,000 個期權
|
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e) | 交易日期 | 2024 年 5 月 9 日 | |||||||
f) | 交易地點 | 在交易場所外 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit .
該信息由倫敦證券交易所的新聞服務RNS提供。RNS已獲得金融行爲監管局的批准,成爲英國的主要信息提供商。與使用和分發此信息相關的條款和條件可能適用。欲了解更多信息,請聯繫 rns@lseg.com 或訪問。
MKANGO RESOURCES LTD.
550 Burrard Street
Suite 2900
Vancouver
BC V6C 0A3
Canada
MKANGO 資源有限公司
伯拉德街 550 號
2900 套房
溫哥華
BC V6C 0A3
加拿大
SOURCE: Mkango Resources Ltd.
來源:Mkango Resources Ltd.
譯文內容由第三人軟體翻譯。