From GlobeNewswire: 2025-02-18 20:34:59

Mustang Energy Corp. has increased the size of its non-brokered private placement of units to a maximum of 6,300,000 Units at a price of $0.20 per Unit, for gross proceeds of up to $1,260,000. The offering document can be accessed on the company’s website. The net proceeds will be used for general corporate expenses and exploration expenditures. The offering is expected to close on or about February 21, 2025, subject to certain conditions.

Mustang Energy Corp. has increased its promotional campaign budget by an additional EUR125,000 with MCS Market Communication Services GmbH. The partnership aims to build brand recognition and investor outreach in European markets. The promotional campaign will include online marketing activities and focus on email, Facebook, and Google.

Mustang Energy Corp. is a resource exploration company focused on acquiring and developing uranium and critical mineral assets. The company holds properties in Northern Saskatchewan, Canada, and has projects in the Athabasca Basin. The company’s flagship property is Ford Lake, covering 7,743 hectares. Mustang Energy Corp. aims to expand its presence in the region through various projects.



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