Mustang Energy PLC

MUST

GB00BJ9MHH56

Investment Holding Companies

Market Closed - London S.E. Other stock markets 02:30:00 2021-04-27 am EDT			5-day change	1st Jan Change
30.6 ^GBX	-.--%		-.--%	-.--%

Apr. 12	Mustang Energy and Cykel extend GBP19.2 million acquisition deadline	AN
Apr. 12	Mustang Energy Secures Fresh Extension for Decision on Cykel Takeover	MT

Mustang receives Austrian approval for Enerox stake purchase

May 09, 2023 at 01:00 pm EDT

Mustang Energy PLC - London-based special purpose acquisition company focused on energy storage and stationary battery assets - Receives approval of the Federal Ministry of Labour & Economic Affairs of the Austrian government regarding the proposed change of control of Enerox Holdings Ltd, the owner of the CellCube brand, an energy storage system. In mid-April, it entered into a conditional agreement with Garnet Commerce Ltd and VRFB Holdings Ltd under which VRFB Holdings has agreed to acquire Garnet's 50% interest in Enerox. The total consideration to Garnet for its shareholding in Enerox is USD33.2 million.

Current stock price: 30.60 pence

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Mustang Energy PLC

Mustang Energy and Cykel extend GBP19.2 million acquisition deadline	Apr. 12	AN
Mustang Energy Secures Fresh Extension for Decision on Cykel Takeover	Apr. 12	MT
Mustang Energy PLC announced that it expects to receive £0.2 million in funding	Apr. 03	CI
EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	Mar. 15	AN
Mustang and Cykel agree to extend acquisition deadline	Feb. 16	AN
Mustang Energy Wins More Time for Decision on Cykel Takeover	Feb. 16	MT
Mustang Energy inks deal to buy Cykel AI; interim loss widens	Jan. 19	AN
Mustang Energy PLC Reports Earnings Results for the Half Year Ended June 30, 2023	Jan. 19	CI
Mustang Energy Signs Nonbinding Heads of Terms to Acquire Cykel	Jan. 19	MT
Mustang Energy inks deal to acquire Cykel AI for GBP19.2 million	Jan. 19	AN
Mustang Energy PLC entered into a non-binding heads of terms to acquire Cykel AI PLC.	Jan. 18	CI
Mustang Energy plc Announces Resignation of Jacqueline Yee as Director	Jan. 04	CI
Mustang Energy opts against buying Acacia interest in VFRB-H	Dec. 04	AN
Mustang Energy Axes VRFB Stake Acquisition Talks With Bushveld, Acacia	Dec. 04	MT
Mustang Energy Issues Shares for Repayment of Backstop Fees, Working Capital Facility	Nov. 20	MT
Bushveld Receives Mustang Energy Shares, Initiates Sale of CellCube Stake	Nov. 20	MT
Mustang Energy agrees backstop fee payment to Bushveld	23-09-12	AN
Bushveld Minerals to receive 22% stake in VRFB after note redemption	23-08-09	AN
Bushveld Minerals notes Garnet to take 60% stake in Enerox from VRFB-H	23-07-28	AN
Mustang Energy PLC Auditor Raises 'Going Concern' Doubt	23-05-11	CI
Mustang Energy PLC Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-10	CI
Mustang receives Austrian approval for Enerox stake purchase	23-05-09	AN
Mustang Energy Gets Austrian Government Approval for Control Change of Enerox	23-05-09	MT
Mustang Energy PLC announced that it has received $2 million in funding from Garnet Commerce Limited, Enerox GmbH, Acacia Research Corporation	23-05-01	CI
Mustang Energy set to acquire interest in Enerox	23-04-12	AN

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Company Profile

Mustang Energy PLC is a United Kingdom-based special purpose acquisition company (SPAC). The Company is formed to undertake an acquisition of a target company or business or assets with operations in the energy or natural resources sectors. The Company intends to acquire interests in energy storage and stationary battery assets through Acacia Resources Limited.

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Investment Holding Companies

Calendar

2024-05-07 - Q4 2023 Earnings Release (Projected)

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