Palisade Global Investments Ltd., a 10% Holder, acquired 2,285,714 Common Shares on a direct ownership basis at a price of $0.350 through a prospectus or prospectus exempt offering on December 20th, 2017. The insider also acquired 1,142,857 Warrants with an exercise price of $0.450 for 3 years. This represents a $800,000 net investment into the company's shares and an account share holdings change of greater than 100%.
Mustang Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Mustang Minerals Corp. is a Canada-based company focused on exploration and development for nickel, copper and platinum group metals. The principal business of the Company is to explore and develop its properties and in particular its Mayville Makwa (Nickel-Copper-PGM) Project in Manitoba. The Company's other projects include Mayville Property and Tanco. The Company controls the mineral rights to mining claims in Ontario referred to as the East Bull Lake Property, the River Valley Property and the Bannockburn Nickel Project. The Company's Makwa property covers prospective terrain in the Bird River Greenstone Belt approximately 150 kilometers northeast of Winnipeg, Manitoba. The Company's Mayville Property consists of mining claims located approximately 35 kilometers north of the Makwa Deposit. The Company owns interest in the base and precious metal rights of a property located in southeast Manitoba.
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