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Mustang Energy raises $3.55M for uranium exploration in Saskatchewan and working capital.
Mustang Energy Corp. has completed its second tranche of a private placement, raising C$3,552,950.
The funds will be used to explore uranium projects in Saskatchewan's Athabasca Basin and for general working capital.
Critical flow-through shares, sold at C$0.29 per share, will fund resource exploration expenses, which will be renounced by December 31, 2024.
Securities issued are subject to a hold period until April 28, 2025.
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Mustang Energy recauda $3.55 millones para la exploración de uranio en Saskatchewan y el capital de operaciones.