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July 25, 2010 | admin | Comments 0

Stock split leads to new GT player

In Nevada, Urex Energy Corp. said that the Financial Industry Regulatory Authority (FINRA) has approved a 1-200 Reverse Split and name change for Urex Energy Corp to Mustang Geothermal Corp., which took effect at the open of business July 22, 2010. The new symbol on this date will be URXED (the “D” will be removed 20 business days from July 22). Mustang Geothermal owns a 100% interest three US Federal geothermal leases totaling 6582 acres located in Nevada. Mustang also owns a 100% interest in the La Jara Mesa Extension uranium property, which consists of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico.

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