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Two Blokes Jun 24 -
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) for aggregate gross proceeds of up to C$3,000,000 from the sale of any combination of the following: non-flow through units of the Company (each, a “Unit”) at a price of C$0.14 per Unit; critical flow-through units of the Company (each, a “FT Unit”) at a price of C$0.165 per FT Unit; and FT Units to be sold to charitable purchasers (each, a “Charity FT Unit”, and together with the Units and FT Units, the “Offered Securities”) at a price of C$0.235 per Charity FT Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.