2025-12-19, 7:47:38 p.m.
VANCOUVER, British Columbia — December 22, 2025 — Leads & Copy —
Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) has announced a non-brokered private placement to raise C$180,000 through the sale of 2,000,000 critical flow-through units at C$0.09 each. Each unit includes one common share issued on a “flow-through” basis and one-half of a transferable common share purchase warrant.
Each whole warrant allows the holder to buy one common share at $0.15 for two years following the Offering’s closing. The company plans to use the proceeds for resource exploration expenses, specifically “Canadian exploration expenses” and “flow through critical mineral mining expenditures” as defined in the Tax Act. These expenditures will be renounced to the purchasers of the FT Units by December 31, 2025.
Red Cloud Securities Inc. will act as a finder, with fees payable according to securities laws and CSE policies. The Closing is contingent on regulatory approvals, including from the CSE. Securities issued under the Offering will be subject to a hold period of four months plus one day from the issue date, as per securities laws. Mustang Energy anticipates closing the Offering by December 31, 2025.
Mustang is focused on acquiring and developing uranium and critical mineral assets in the Athabasca Basin of Saskatchewan, Canada. Its portfolio includes the Ford Lake, Cigar Lake East, and Roughrider South projects, as well as the Yellowstone and Dutton Projects.
Nicholas Luksha, CEO and Director
Mustang Energy Corp.
Attention: Nicholas Luksha, CEO and Director
Phone: (604) 838-0184
Source: Mustang Energy Corp.
