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The latest update is out from Glorious Creation Ltd. ( (TSE:MEC) ).
Mustang Energy Corp. has announced an increase in its non-brokered private placement to a maximum of $1,260,000, allowing for the issuance of up to 6,300,000 units. Each unit includes one common share and one purchase warrant, with proceeds intended for corporate and administrative expenses, investor relations, and potentially exploration expenditures. The offering, available to Canadian residents outside Quebec, is set to close around February 21, 2025, pending regulatory approvals.
More about Glorious Creation Ltd.
YTD Price Performance: 12.50%
Average Trading Volume: 472,792
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$15.14M
See more insights into MEC stock on TipRanks’ Stock Analysis page.
