Mkango Announces Adjournment of Shareholders' Meeting

CALGARY, AB / ACCESS Newswire / October 8, 2025 / Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) (the "Company" or "Mkango") announces that, due to the current strike by the Canadian Union of Postal Workers impacting the Company's ability to deliver the proxy-related materials related to the Company's annual general and special meeting of shareholders scheduled to be held on 29 October 2025 (the "Meeting"), the Company will be adjourning the Meeting until 9:00 a.m. (Toronto time) on 12 November 2025 (the "Adjourned Meeting") to ensure all shareholders receive the Meeting materials with sufficient time to consider and submit their proxies or other voting instructions. The Adjourned Meeting will continue to be held at the offices of Fasken Martineau DuMoulin LLP at 2400, 333 Bay St, Toronto, Ontario, Canada, the same location as the initial Meeting.

No changes have been made to the record date for the Adjourned Meeting, or to any business to be brought before the Meeting, which are more particularly described in the management information circular dated 19 September 2025 in connection with the Meeting (the "Circular"). All proxies and voting instructions that have been submitted with respect to the Meeting will remain valid at the Adjourned Meeting. However, with the Adjourned Meeting, the proxy deadline has been extended and proxies can be delivered up to within 2 business days of the date of the Adjourned Meeting. Whether or not you expect to attend the Adjourned Meeting, shareholders are urged to vote in advance of the Adjourned Meeting.

If any shareholder has yet to receive the proxy-related materials, we encourage you to access the materials for the Adjourned Meeting, including the Circular and form of proxy, under Mkango's SEDAR+ profile at www.sedarplus.ca and at the following website https://mkango.ca/investors/annual-general-meeting/.

About Mkango Resources Ltd.

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, 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.