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Mustang Minerals Announces Financing Western Areas Ltd to Subscribe

Mustang Minerals Announces Financing Western Areas Ltd to Subscribe  Toront...

articleGrid Metals Corp.November 20, 20144/company/grid-metals-corp/news/mustang-minerals-announces-financing-western-areas-ltd-to-subscribe
Mustang Minerals Announces Financing Western Areas Ltd to Subscribe

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[{"type":"text","content":"Mustang Minerals Announces Financing Western Areas Ltd to Subscribe\n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Mustang Minerals Announces Financing\n\nWestern Areas Ltd to Subscribe \n Toronto, Ontario (FSCwire) - Mustang Minerals Corp. (TSXV:MUM) (“Mustang” or the “Company”) today announced that the Company will raise  a total of up to $650,000 by way of concurrent non-brokered private placements of common shares and FlowThrough shares in two tranches ( the “Offering”) . An initial tranche of 1,602,411 shares priced at $0.03 per share (Tranche 1) will be subscribed for by Western Areas Ltd.   A second tranche of shares (Tranche 2) will be priced at $0.015 per share and will be offered as widely as possible to all existing shareholders of Mustang pursuant to applicable securities laws. Western Areas will subscribe for shares to maintain a 19.9% interest in Mustang through the Offering by way of Tranche 1 and Tranche 2.&#...

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