Mustang Energy Corp
0.01
CAD
0.00
(0.00%)
ISIN
CA6279311089
CUSIP
627931108
Return %
Stock
S&P 500
1Y
-90.91
14.20
3Y
-99.87
81.12
5Y
-99.87
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
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CAD
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in mil. unless spec.Company Description
- CEO
- Nicholas Luksha
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Vancouver Canada
- IPO Date
- Aug 31, 2017
- Website
- mustangenergy.ca
- Similar Companies
- Business
- Mustang Energy Corp. is a Canadian mineral exploration and development company primarily engaged in the acquisition, exploration, evaluation, and development of natural resource properties, with a core focus on uranium and clean energy metals. Founded in 2015 and headquartered in Vancouver, British Columbia, the company conducts its primary resource exploration activities within the Athabasca Basin and Beaverlodge mining districts of Northern Saskatchewan, Canada. Mustang Energy Corp. operates within the basic materials and energy sectors, targeting prospective mineral concessions to supply raw materials for nuclear power generation and the global transition to low-carbon energy. The company's core operations and exploration portfolio encompass the exploration and delineation of high-grade unconformity-related and basement-hosted uranium and polymetallic deposits; mineral claim staking, concession evaluation, and property optioning; airborne and ground-based geophysical surveying, including radiometric, electromagnetic, and gravity surveys; surface rock geochemical sampling, soil sampling, and geological structural mapping; diamond core drilling and exploratory borehole programs designed to test structural corridors and mineralized zones; target generation and mineral resource definition; and regulatory permitting, stakeholder consultation, and environmental compliance management across its project holdings, including the Surprise Creek Project (prospective for high-grade uranium and copper mineralization), the Cluff Lake North Project (situated in proximity to historical uranium mining infrastructure), the 914W Uranium Project, the Dutton Project, and the Königsstuhl Project. In recent corporate developments, the company changed its name from Glorious Creation Limited to Mustang Energy Corp. in June 2024 to signify its strategic repositioning toward uranium and energy-transition metals. In 2025, Mustang Energy expanded its project footprint through option agreements with Thunderbird Resources Ltd. to acquire interests in the Surprise Creek and Cluff Lake North exploration assets in Saskatchewan, subsequently launching diamond drilling and fieldwork campaigns to follow up on high-grade copper and uranium targets. In March 2026, the company completed a statutory plan of arrangement and corporate reorganization involving the spin-off of its subsidiary, Allied Strategic Resource Corp., pursuant to which Mustang Energy transferred its interests in the Ford Lake, Roughrider South, and Cigar East properties to the new entity and completed a capital restructuring, enabling the company to focus exploration resources on its core Athabasca Basin assets.