Ann: Graphite Vanadium Project on track first production mid 2019, page-92

Graphite Miners News For The Month Of May 2018

MUS has got his own spot on Matt Bohlsen graphite articles

Mustang Resources [ASX:MUS]
Mustang Resources are a Mozambique-focused emerging mining company. The company is currently fast-tracking the development of their two highly prospective projects: the Montepuez Ruby Project and the Caula Graphite and Vanadium Project. The two projects are located next to each other, in the Cabo Delgado Province of Northern Mozambique. The Caula Graphite & Vanadium project Mozambique. A high grade graphite deposits (13% TGC @ 6% cut-off) with >50% large to super jumbo flakes. The company also has vanadium associated up to 1.02% V2O5 (125m @ 0.42% V2O5).

On May 13 4-traders reported, "Mustang Resources Ltd. is pleased to announce that it has placed 21.74 million fully paid ordinary shares at 2.3 cents to raise $500,000 before costs under the recently completed Entitlement Offer."
On May 22 4-traders reported, "Mustang Resources is pleased to announce that it has agreed to amend the terms of the A$19.95 million investment facility from Arena Investors LP (refer to ASX Announcement dated 8 January 2018 "Mustang Secures $19.95 million funding package from leading institutional investor"). Mustang Managing Director Dr. Bernard Olivier stated, "The continued strong support from Arena, a major global institutional investor managing in excess of US$750 million, is testimony to the quality of Mustang's Montepuez Ruby and Caula Vanadium-Graphite projects. The reduction in the original Tranche 2 quantum to be drawn end of May 2018 will result in less potential equity dilution for existing shareholders, but does not adversely affect the funding of the Company's planned project activities in June and July 2018."
You can view the latest investor presentation here.