Radio Fuels Energy Corp (TSE:CAKE) has released an update.
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Radio Fuels Energy Corp. has announced a private placement aimed at raising $1,500,000 by issuing over 11 million shares at $0.13 each. The funds from this fully allocated placement, slated for closure by August 30, 2024, are intended to boost the company’s working capital without the expectation of finder’s fees.
For further insights into TSE:CAKE stock, check out TipRanks’ Stock Analysis page.
