Radio Fuels Energy Corp. and NV King Goldlands Inc. are pleased to announce the completion of their previously announced plan of arrangement . Pursuant to the Arrangement, Radio Fuels has acquired all of the issued and outstanding shares of NV King at an exchange ratio of approximately 8.73 common shares of Radio Fuels for each NV King Share [...]
Radio Fuels Energy Corp. announces Bassam Moubarak resignation from the role of Chief Financial Officer and the appointment of Natalia Samartseva as CFO effective today's date. During his tenure, Bassam was instrumental in driving financial strategies that contributed to the Company's growth and success. He played a key role in transformation of [...]
Radio Fuels Energy Corp. announces that it has acquired ownership and control of 14,166,667 units of Freeman Gold Corp. , effective October 16, 2024 . Each Subject Unit consists of one common share of Freeman and one common share purchase warrant exercisable at $0.08 for a period of nine months from the date of issuance. The Subject Units were [...]
Radio Fuels Energy Corp. is pleased to announce that, further to its news release dated August 22, 2024, it has closed its non-brokered private placement with the issuance of 11,538,462 common shares in the capital of the Company at a price of $0.13 per Share for proceeds of $1,500,000. No finder's fees were applicable to the Private Placement and [...]
Radio Fuels Energy Corp. and NV King Goldlands Inc. are pleased to announce that they have entered into a definitive arrangement agreement dated August 26, 2024 whereby Radio Fuels will acquire all of the issued and outstanding shares of NV King .The business combination will be completed pursuant to a statutory plan of arrangement whereby all of [...]
Radio Fuels Energy Corp. is pleased to announce it intends to complete a non-brokered private placement to raise $1,500,000 through the issuance of 11,538,462 common shares in the capital of the Company at a price of $0.13 per Share. The Private Placement is fully allocated and the Company intends to use the net proceeds from the Private Placement [...]
Radio Fuels Energy is pleased to announce the appointment of Bill de Jong as Director of the Company effective immediately. Bill de Jong is a lawyer in the Capital Markets group with international law firm DLA Piper (Canada) LLP, with a focus on the natural resources and energy sectors. He maintains a practice specializing in the areas of [...]
Radio Fuels Energy is pleased to announce that the Company's Board of Directors has unanimously approved plans for a strategic reorganization of its business pursuant to which the Company will become a resource focused investment issuer while the Company's Elliot Lake assets and $1,500,000 in cash will be spun out to Radio Fuels' shareholders [...]
Radio Fuels Energy is pleased to announce the appointment of Philip O'Neill as Chief Executive Officer and Director of the Company. Mr. O'Neill is an experienced mining executive and corporate director. He is currently the President and founder of MP1 Capital, a Calgary based investment company created to focus on the natural resources sector. Mr [...]
Radio Fuels Energy is pleased to announce that it intends to commence a normal course issuer bid, under which it may purchase up to 6,925,214 common shares of the Company over a period of one year, representing approximately 5% of the Company's issued and outstanding common shares, with up to 2,770,085 common shares of the Company purchasable over [...]
Radio Fuels Energy announces the resignation of Denis Laviolette as a director of the Company. The Company would like to thank Mr. Laviolette for his contributions and wishes him well on his future endeavours. The Company is a junior natural resource company focused on providing exposure to uranium and other commodities through the investment [...]
Radio Fuels Energy is pleased to announce that the board of directors has appointed Bassam Moubarak as CFO of the Company. Mr. Moubarak is a seasoned senior executive with over 15 years' experience in the mining industry. Mr. Moubarak currently serves as CFO of Palisades Gold, CFO and Director of Freeman Gold and CFO of Nevada King Gold. Mr [...]