Mustang Energy Completes $20,000 Milestone Payment to Skyharbour Resources
- Milestone Payment Completed: Mustang Energy has completed a $20,000 cash payment and issued 1,098,901 common shares under the option agreement with Skyharbour dated November 12, 2024, demonstrating the company's ongoing investment and commitment to the 914W Uranium Project.
- Shareholder Meeting Resolutions Passed: At the annual general meeting held on November 14, 2025, Mustang approved several resolutions, including setting the number of directors at three and electing new directors, thereby enhancing the company's governance structure.
- Arrangement Plan Approved: The British Columbia Supreme Court granted final approval for the arrangement plan involving Mustang and its wholly-owned subsidiary Allied on November 24, 2025, marking a significant advancement in the company's strategic restructuring efforts.
- Share Consolidation Proposal: The shareholder meeting also approved a proposal to consolidate up to 30 pre-consolidation common shares into one post-consolidation share, aimed at improving the market performance and attractiveness of the company's stock while optimizing its capital structure.
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- Successful Financing: Mustang Energy Corp. has successfully closed a non-brokered private placement of 2 million flow-through units, raising a total of $180,000, which will be allocated towards exploration of uranium projects in the Athabasca Basin, enhancing the company's resource development capabilities in critical minerals.
- Flow-Through Unit Structure: Each flow-through unit consists of one common share and half a warrant, with the warrants allowing for the purchase of common shares at C$0.15 within two years, providing potential future value appreciation opportunities for investors.
- Finder's Fees Payment: The company paid finder’s fees of $12,600 to Red Cloud Securities and issued 140,000 warrants, which not only strengthens investor relations but also paves the way for future financing activities.
- Project Expansion: Mustang holds 77,318 hectares in the Athabasca Basin, with its flagship Ford Lake project covering 7,743 hectares, showcasing the company's strong potential in uranium and critical mineral asset development, which is expected to attract more investor interest.
- Funding Size: Mustang Energy Corp announces a non-brokered private placement raising C$180,000 by selling 2 million flow-through units at C$0.09 each, demonstrating the company's ability to attract capital in the market.
- Clear Purpose: The proceeds will be allocated to resource exploration expenses, qualifying as “flow-through critical mineral mining expenditures” under Canadian tax law, which is expected to accelerate the company's development in critical minerals.
- Regulatory Approval: The closing of this offering is subject to necessary regulatory approvals from the Canadian Securities Exchange, anticipated by December 31, 2025, reflecting the company's commitment to compliance.
- Market Positioning: Mustang focuses on developing high-potential uranium and critical mineral assets, particularly in the Athabasca Basin of Saskatchewan, indicating a strategic positioning in the resource exploration sector.
- Strategic Expansion: Mustang Energy has staked 446 new mineral claims covering approximately 3,875 hectares in Newfoundland and Labrador, marking its first entry into Eastern Canada and enhancing its exploration portfolio in uranium and critical minerals.
- Uranium Project Potential: The Onyx Uranium Project consists of 143 claims located in southern Newfoundland, adjacent to historical high-grade uranium showings, with historical samples indicating grades up to 2.79% U₃O₈, highlighting the geological potential of the area.
- Copper-Silver Project Advantages: The Bridal Veil Project spans 300 hectares, with historical samples showing copper grades up to 9.4% and silver grades of 242 g/t, while excellent infrastructure will support future exploration and development efforts.
- Future Plans: Mustang intends to compile historical data and conduct modern field reconnaissance to identify and prioritize exploration targets, further advancing its business development in Newfoundland.
- Milestone Payment Completed: Mustang Energy has completed a $20,000 cash payment and issued 1,098,901 common shares under the option agreement with Skyharbour dated November 12, 2024, demonstrating the company's ongoing investment and commitment to the 914W Uranium Project.
- Shareholder Meeting Resolutions Passed: At the annual general meeting held on November 14, 2025, Mustang approved several resolutions, including setting the number of directors at three and electing new directors, thereby enhancing the company's governance structure.
- Arrangement Plan Approved: The British Columbia Supreme Court granted final approval for the arrangement plan involving Mustang and its wholly-owned subsidiary Allied on November 24, 2025, marking a significant advancement in the company's strategic restructuring efforts.
- Share Consolidation Proposal: The shareholder meeting also approved a proposal to consolidate up to 30 pre-consolidation common shares into one post-consolidation share, aimed at improving the market performance and attractiveness of the company's stock while optimizing its capital structure.
Grocery Outlet Holding Corp (GO): The stock rating increased from 40% to 70% based on its fundamentals and valuation, indicating growing interest according to Kenneth Fisher's investment strategy focused on low P/S ratios and strong profit growth.
Mayville Engineering Company Inc (MEC): Similar to Grocery Outlet, MEC's rating improved from 50% to 70%, reflecting positive changes in its underlying fundamentals and stock valuation within the Auto & Truck Parts industry.
Clean Energy Fuels Corp (CLNE): The rating for CLNE rose from 40% to 60%, suggesting a moderate level of interest based on its fundamentals and valuation in the Oil & Gas Operations sector.
About Kenneth Fisher and Validea: Kenneth Fisher, a prominent money manager and author, emphasizes the price/sales ratio for stock selection. Validea provides investment research based on strategies from renowned investors, aiming to identify stocks that outperform the market.

Financial Performance: Mayville Engineering Company (MEC) reported a net profit margin increase to 3.4% from 1.7% last year, with a 67.3% rise in profits over the past year, aided by a one-time gain of $21 million. However, analysts predict a decline in profit margins to 2.1% over the next three years due to potential margin pressures.
Growth Projections: MEC's earnings are expected to grow at 47.1% annually, significantly outpacing the US market's 16%, while revenue growth is forecasted at a more modest 5.1% compared to the broader market's 10.5%. The company’s recent acquisition of Accu-Fab is anticipated to generate substantial revenue synergies.
Market Valuation: MEC is currently trading at a price-to-earnings ratio of 18.3x, below industry averages, which suggests a potential undervaluation. Despite a 36% upside to analyst price targets, market skepticism remains due to anticipated margin compression and revenue volatility.
Strategic Outlook: Analysts emphasize the importance of MEC's strategic expansion into high-growth sectors to enhance margin resilience and reduce reliance on cyclical markets. The consensus narrative highlights the balance between operational improvements and the risks posed by customer concentration and integration costs.










