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Mustang Energy and Skyharbour Resources Stake an Additional Claim on its 914W Uranium Project

Mergers & Acquisitions

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Mustang Energy and Skyharbour Resources Stake an

Additional Claim on its 914W Uranium Project

VANCOUVER, British Columbia, October 1, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC,

OTC:MECPF, FRA:92T) (the “ Company” or “ Mustang”) announces that, in connection with Skyharbour

Resources Ltd. (TSX-V: SYH), it has staked an additional claim on its 914W Uranium Project.

The new claim (MC00022913) totals 1182.25 ha and is located immediately to the east of the original

914W claim. It has seen only minimal modern exploration, being partially covered by the same 2005 VTEM

(southern half) and 2007 Tempest TDEM surveys (north half) as MC00017142, with lake sediment

sampling also being done on the claim in 2007. Historical exploration on the claim included airborne EM,

magnetic, and radiometrics surveys in 19 69 and 19 76, with prospecting, geological mapping, lake

sediment and radon sampling, also taking place in 1969 and 1976.

About Mustang Energy Corp.:

Mustang Energy is a Canadian mineral exploration company focused on the discovery and development

of high-potential uranium and critical mineral assets. The company holds a portfolio of 147,153 hectares

of strategically located properties in Saskatchewan's Athabasca Basin—one of the world’s premier uranium

districts. Mustang is advancing early-stage exploration through modern techniques and a disciplined, data-

driven approach. The Company is committed to building long-term value through responsible exploration

and a focus on high-impact targets in underexplored areas.

For further information, please contact:

Mustang Energy Corp.

Attention: Nicholas Luksha, CEO and Director

Phone: (604) 838-0184

Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts

responsibility for the adequacy or accuracy of this release.