Mustang Energy Corp. is pleased to announce that, further to its news release dated June 24, 2025, it has closed an initial tranche of its previously announced $3,000,000 non-brokered private placement , which Initial Tranche consisted of aggregate gross proceeds of C$1,172,292.99, pursuant to which it sold the following: 1,980,000 non-flow through units in the capital of the Company at a price of C$0.14 per NFT Unit for gross proceeds of C$277,200 from the sale of the NFT Units; and 5,424,806 Flow Through Units in the capital of the Company at a price of $0.165 per FT Unit for gross proceeds of $895,092.99 from the sale of the FT Units Each NFT Unit and FT Unit collectively refer to as the "Offered Securities"). Each NFT Unit consists of one common share in the capital of th...