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Mustang Resources Limited (ASX:MUS) (OTCMKTS:GGPLF) advises that further to the announcement today 22 February 2018 in relation to the Company's one-for-four non-renounceable entitlement issue the time table contained in the Offer Document has been updated.

To view the updated Offer Document, please visit:
http://abnnewswire.net/lnk/RKB2F826


About Mustang Resources Ltd

Listed on the Australian Securities Exchange, Mustang Resources Limited (ASX:MUS) (FRA:GGY) is an emerging gemstone developer and producer focused on the near-term development of the highly prospective Montepuez Ruby Project in northern Mozambique.

The Montepuez Ruby Project consists of three licences and now one mining concession covering 19,300 hectares directly adjacent to the world’s largest ruby deposit discovered by Gemfields PLC in 2012. Since supply of rubies from sources outside Mozambique has become fractured and unreliable, Mustang stands to capitalise on the current high demand around the world for ethically produced rubies by becoming a reliable, consistent supplier of high-quality rubies.

The Company is currently fast-tracking its work program on the Montepuez Ruby Project with extensive secondary deposits discovered and low-cost bulk sampling well underway. First rough ruby sales are scheduled for 27 to 30 October 2017 in Port Louis, Republic of Mauritius under a closed bid tender of more than 350,000 cts gem quality rubies.

Visit the Mustang website at http://www.mustangresources.com.au for more information.

  

Contact

Mustang Resources Ltd
E: info@mustangresources.com.au
WWW: www.mustangresources.com.au



Link: Non-Renounceable Issue - Offer Document - Timetable Update



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Mustang Resources Ltd
  


Related Industry Topics:
Materials General Mining Graphite Gemstones

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