Core Points - Mustang Energy Corp. has successfully closed the second tranche of its $3,000,000 non-brokered private placement, raising gross proceeds of C$976,843.40 [1][4] - The proceeds from the second tranche will be utilized for exploration of uranium projects in the Athabasca Basin and for general working capital [4][8] - The company issued various units including NFT Units, FT Units, and Charity FT Units, with specific pricing and terms for each type [3][8] Financial Details - The second tranche included the sale of 125,000 NFT Units at C$0.14 each, generating C$17,500.00; 814,200 FT Units at C$0.165 each, generating C$134,343.00; and 3,510,640 Charity FT Units at C$0.235 each, generating C$825,000.40 [8] - Finder's fees were paid to Red Cloud Securities Inc. totaling C$62,440.48 in cash and 281,599 Finder's Warrants, along with additional fees to other firms [6] Company Overview - Mustang Energy Corp. is focused on the discovery and development of uranium and critical mineral assets, holding a portfolio of 147,153 hectares in Saskatchewan's Athabasca Basin [8][9] - The company aims to build long-term value through responsible exploration and a focus on high-impact targets in underexplored areas [9]

Core Viewpoint - Tudor Gold Corp. has successfully closed a financing round, raising approximately $14.95 million through a brokered offering and private placement, with participation from notable investor Eric Sprott [1][2]. Financing Details - The financing included the issuance of 10,158,045 non-flow-through units at a price of $0.50 per unit, 8,333,500 flow-through units for charitable purchasers at $0.75 per unit, and 6,034,752 flow-through units at $0.60 per unit [6]. - The net proceeds from the sale of NFT Units will be allocated for working capital and general corporate purposes, while the gross proceeds from FT Units and Charity FT Units will be directed towards exploration expenses on the Treaty Creek property [3][4]. Investor Participation - Eric Sprott, through his corporation, acquired 2,000,000 Common Shares and 1,000,000 Warrants as part of the financing [2]. - Related parties purchased a total of 2,227,000 Common Shares and 1,113,500 Warrants, which are classified as related party transactions [10]. Use of Proceeds - The funds raised will be utilized for exploration activities on the Treaty Creek project, which is located in British Columbia's Golden Triangle [4][11]. - The Company has committed to indemnifying subscribers for any additional taxes resulting from the Canada Revenue Agency's potential reduction of Qualifying Expenditures [4]. Regulatory Compliance - The Offerings are subject to final approval from the TSX Venture Exchange and adhere to Canadian securities laws, including a four-month hold period for the FT Units and underlying securities [8].