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Mustang Minerals Corp Announces Financing


Friday, 21 Dec 2012 04:38pm EST 

Mustang Minerals Corp announced plans to complete a non-brokered financing for gross proceeds of up to $1,900,000. The proceeds from the financing will be used primarily for exploration and development of the companies Mayville Copper Nickel PGE Deposit and for the Makwa Nickel Project. The Common Share Offering will be for Common Shares of Mustang priced at $ 0.06 per share. The Flow Through Offering will be for common shares issued on a flow-through basis (the "Flow-Through Shares") and will be priced at $0.065 per share. The Offerings will be made pursuant to exemptions from the prospectus requirements of the applicable securities laws. Shares issued under the Offerings will be subject to a hold period of four months and one day from date of closing. 

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