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.

3 months ago
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