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Name Change

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Mkango Resources Ltd. is changing its name to Mkango Magnetic Materials Limited, effective at the start of trading on September 23, 2026, to reflect its strategic shift towards downstream rare earth supply chains, including magnet manufacturing and recycling technologies. The company will continue to trade under the ticker symbol "MKA" on both the TSX Venture Exchange and AIM. This rebranding aligns with Mkango's focus on recycled rare earth magnets, alloys, and oxides through its interests in Maginito Limited and the Remloy business, aiming to supply demand from electric vehicles and wind turbines.

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Suite 2900

Vancouver

BC V6C 0A3

Canada

MKANGO RESOURCES LTD ANNOUNCES NAME CHANGE TO

MKANGO MAGNETIC MATERIALS LIMITED

London / Vancouver: 21 September 2026 - Mkango Resources Ltd (AIM/TSX-V:MKA) (the “Company” or “Mkango”), announces that it will be changing its name to Mkango Magnetic Materials Limited. The name change reflects the company’s transition from being a primary raw material project developer to the core focus now centered on the downstream rare earth supply chain, focused on magnet manufacturing and recycling technologies.

Effective at the start of trading on September 23, 2026, the Company will commence trading under the new name on the TSX Venture Exchange and AIM. The Company will continue to trade under the ticker symbol "MKA" and the website address remains unchanged. The updated Company identifiers are as below:

CUSIP – 60701M107

ISIN – CA60701M1077

SEDOL(s) – BTSK7J2 (CAD); BTSK7N6 (GBP)

LEI number – 213800RPILRWRUYNTS85 (no change)

Shareholders are not required to take any action regarding the change. If registered shareholders have any questions or wish to receive an updated DRS advice or share certificate, if applicable, they can contact the Company’s transfer agent directly at Computershare by calling 1-800-564-6253 (toll free in Canada and the United States) or 514-982-7555 (international direct dial), or online at www.computershare.com/service.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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