Mustang's Montepuez ruby project in Mozambique.

Mustang in $24m funding deals

Ruby miner 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 28/02/18

1 year TSR5 year TSR
76thSuperior Lake Resources172%-14%
126thProspect Resources92%41%
395thNewfield Resources3%1%
813thMustang Resources-75%-62%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$45k Issued
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


240th-Mustang Resources$94k
243rd↓Newfield Resources$91k
244th↑Prospect Resources$91k
247th↓Superior Lake Resources$75k
503 listed resources companies ranked by revenue.
Source: Morningstar

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