Mustang Energy Corp. Initiates Exploration at Surprise Creek Project, Saskatchewan

VANCOUVER, British Columbia, July 17, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce the commencement of its field exploration activities at the Surprise Creek Uranium-Copper Project (the “Project”), located in a prospective region known for its mineral potential north of the Athabasca Basin. The Company recently entered into an option agreement (the “Option Agreement”) with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in the Project. Please refer to the Company’s news release dated June 4, 2025 and June 16, 2025, as filed under the Company’s SEDAR+ profile, for further details regarding the Option Agreement.