Mustang lists on Frankfurt exchange

ASX-listed Mustang Resources has listed on the Frankfurt Stock Exchange, trading under the stock symbol GGY, as a result of the growing interest among European investors, in the Montepuez ruby and Caula graphite projects, in Mozambique. Mustang on Monday told shareholders that its ruby inventory from the Montepuez project had now increased to 63 989 ct, with the first "special stones" sent to the US to be cut and polished in preparation for certification and sale in the second quarter of 2017.