Mustang Energy Corp. Announces Increase in Private Placement Offering

VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) —

Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce that, further to its news release dated February 7, 2025, it has increased the size of its non-brokered private placement of units (each, a “Unit”) up to a maximum of 6,300,000 Units, at a price of $0.20 per Unit, for gross proceeds of a maximum of $1,260,000 (the “LIFE Offering”). Each Unit will consist of one (1) common share in the capital of the Company (each, a “Common Share”) and one (1) Common Share purchase warrant (each, a “Warrant”).

Mustang Energy Corp.’s decision to increase the size of its private placement offering is a strategic move aimed at raising additional funds to support the company’s growth and expansion plans. By offering more units at an attractive price, the company aims to attract more investors and bolster its financial position.

Investing in companies like Mustang Energy Corp. can provide individuals with an opportunity to participate in the growth of the energy sector. As the company continues to expand its operations and explore new opportunities, investors may benefit from potential returns on their investment.

How this will affect me:

As an individual investor, participating in Mustang Energy Corp.’s private placement offering may offer you the chance to invest in a promising energy company at an early stage. By acquiring units at a discounted price, you may potentially benefit from future growth and success of the company.

However, as with any investment, there are risks involved, and it is important to carefully consider your investment goals and risk tolerance before investing in private placements.

How this will affect the world:

Mustang Energy Corp.’s increased private placement offering signifies a growing interest and investment in the energy sector. As the company raises funds to expand its operations, it may contribute to the development of innovative energy solutions and technologies that could have a positive impact on the global energy market.

Furthermore, by attracting new investors and increasing its financial resources, Mustang Energy Corp. may be better positioned to pursue sustainable energy projects and contribute to the transition towards a more environmentally friendly energy landscape.

Conclusion:

Mustang Energy Corp.’s decision to increase the size of its private placement offering reflects the company’s commitment to growth and innovation in the energy sector. By attracting more investors and raising additional funds, the company is positioning itself for future success and contributing to the advancement of sustainable energy solutions.