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Mustang's Montepuez ruby project in Mozambique.

Mustang in $24m funding deals

Mustang Resources has secured a $19.9 million funding package from US institutional investor Arena Investors LP through a multi-tranche convertible note facility, while also announcing plans to raise up to $4 million via an entitlement offer.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
67thNew Energy Minerals45%114%
368thCardinal Resources-18%83%
605thOro Verde-50%-26%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/11/18
$0 Issued
29/11/18
$0 Issued
29/11/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

320th-New Energy Minerals$21k
327th-Corizon$14k
328th↓Oro Verde$14k
330th↓Odin Energy$13k
331st↓Cardinal Resources$12k
513 listed resources companies ranked by revenue.
Source: Morningstar

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