Mustang Energy Corp. is pleased to announce that, further to its news release dated February 7, 2025, it has increased the size of its non-brokered private placement of units up to a maximum of 6,300,000 Units, at a price of $0.20 per Unit, for gross proceeds of a maximum of $1,260,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will be [...]
Mustang Energy Corp. is pleased to announce a non-brokered private placement consisting of up to 6,000,000 units of the Company , at a price of $0.20 per Unit, for gross proceeds of up to $1,200,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will be exercisable into one Common Share at a price of $0.27 per Warrant Share for a period of [...]
Mustang Energy Corp. is pleased to announce that it has engaged Axiom Exploration Group to conduct an Aerial Electromagnetic Survey over its Dutton Project in the southern Athabasca Basin, Saskatchewan. The Xcite™ TDEM survey is planned to commence in February 2025 and cover the eastern portion of the claim package which has not been previously surveyed for electromagnetic conductors. The airborne survey will [...]
Mustang Energy Corp. is pleased to announce it has received exploration permits from the Saskatchewan Government, allowing for ground-based exploration activities at the Roughrider South and Cigar Lake East Project in the Athabasca Basin, Saskatchewan. The permit authorizes Mustang to carry out mineral exploration activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling. The [...]
Mustang Energy Corp. is pleased to announce the signing of an Accommodation Agreement , dated January 13, 2025, with the English River First Nation , outlining the Company's commitment to responsible and sustainable mineral exploration. The Agreement, covering exploration activities within the traditional territory of ERFN, lays the foundation for a collaborative relationship between the two parties and establishes a [...]
Mustang Energy Corp. is pleased to announce the acquisition of the Königsstuhl Project, a 5,228 hectare property located in the Eastern Athabasca Basin in northern, Saskatchewan. Secured through cost-effective staking, the Königsstuhl Project adds five 100% owned mineral claims to Mustang's expanding portfolio of promising uranium assets in one of the world's premier mining districts. Project Highlights: Location: The [...]
Mustang Energy Corp. is pleased to share a summary of its accomplishments since the commencement of trading in mid-2024. The Company has made significant strides in its mission to develop high-potential uranium and critical mineral assets in the Athabasca Basin, Saskatchewan, solidifying its position as a growing leader in the resource exploration sector. Key Highlights of 2024: Land Acquisitions: Expanded land holdings [...]
Mustang Energy Corp. is pleased to announce that, further to its news releases of November 25, 2024 and December 16, 2024, it has completed the second tranche of its non-brokered private placement for aggregate gross proceeds of C$1,404,700, pursuant to which it sold the following : 450,000 non-flow through common shares in the capital of the Company at a price of C$0.25 per Share for gross proceeds of C$112,500 from the [...]
Mustang Energy Corp. is pleased to announce the acquisition of a 100% interest in the Spur Project, located just south of the Athabasca Basin in northern, Saskatchewan. The Spur Project was acquired through low-cost staking and consists of nine dispositions, or mineral claims, totaling 17,929 hectares, further enhancing Mustang's growing portfolio. The project is situated in an area with potential for uranium and rare [...]
Mustang Energy Corp. is pleased to announce that, pursuant to its news release of November 25, 2024, it has completed the first tranche of its non-brokered private placement for aggregate gross proceeds of C$2,148,250, pursuant to which it sold the following : 2,271,000 non-flow through common shares in the capital of the Company at a price of C$0.25 per Share for gross proceeds of C$567,750 from the sale of the Shares [...]
Mustang Energy Corp. is excited to announce that it has completed the first milestone of the previously announced option agreement with Skyharbour Resources Ltd. dated November 12, 2024. Pursuant to the Agreement, Skyharbour agreed to grant the Company an option to acquire an undivided 75% interest in Skyharbour's 914W Uranium Project , located in the Athabasca Basin of Northern Saskatchewan. For more information [...]
Mustang Energy Corp. is pleased to announce it has engaged Resource Potentials Ltd. , an arm's length geophysical consulting firm based out of Perth, Australia, to conduct detailed reprocessing, analysis, interpretation, and targeting on the Company's uranium projects located in the Athabasca Basin in Saskatchewan. The Company recently completed a comprehensive historical compilation of previous exploration work conducted [...]
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