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Glorious Creation Ltd. ( (TSE:MEC) ) has provided an announcement.
Mustang Energy Corp., a company involved in energy sector, announced a private placement aiming to raise up to $1,200,000 by issuing 6,000,000 units at $0.20 per unit. The funds will be used for general corporate expenses and potentially exploration activities, with the offering targeting Canadian investors and closing anticipated by February 21, 2025. The move is strategic for bolstering its financial position and ensuring regulatory compliance, excluding U.S. market participation.
More about Glorious Creation Ltd.
YTD Price Performance: -8.93%
Average Trading Volume: 457,638
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$12.26M
See more insights into MEC stock on TipRanks’ Stock Analysis page.
