Radio Fuels Energy Corp (TSE:CAKE) has released an update.
Radio Fuels Energy Corp has successfully completed a non-brokered private placement, issuing 11.54 million shares at $0.13 each to raise $1.5 million for working capital. The shares are subject to a statutory hold period until the end of December 2024. This strategic financial move aims to boost the company’s resources for future investments and development in the uranium and commodities sector.
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