Mkango Resources shares rise 5% after £12.5m raise to fund German acquisition Proactive uses images sourced from Shutterstock Shares in Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) rose 5% to 37.1p on Friday after the rare earths company closed a £12.5 million investment round to fund a potential acquisition in Germany and expand its processing operations. The raise comprised a placing of 30.9 million shares at 33p each, generating around £10.2 million, alongside a retail offer, a subscription an ...