Radio Fuels Energy Corp (TSE:CAKE) has released an update.
Radio Fuels Energy Corp. has acquired 14,166,667 units of Freeman Gold Corp., marking a significant investment in the company. This acquisition gives Radio Fuels a 7.4% stake in Freeman, with potential to increase to 13.8% through warrant exercise. The move, fueled by a private placement at $0.06 per unit, reflects Radio Fuels’ strategic investment approach in the resource sector.
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