Mustang folds ruby assets into Fura

MUSTANG Resources has signed a A$10 million deal to merge its ruby assets into Toronto-listed Fura Gems.

Mustang folds ruby assets into Fura Mustang folds ruby assets into Fura Mustang folds ruby assets into Fura Mustang folds ruby assets into Fura Mustang folds ruby assets into Fura

Afford Mustang: Fura has grown from a Colombia-focused emerald company to a full gem developer in 18 months

Mustang will receive $10 million worth of Fura shares to be paid in tranches over 20 months, which will be distributed to Mustang shareholders following an escrow period.