Radio Fuels Energy Corp. Launches $1.5M Private Placement

Radio Fuels Energy Corp (TSE:CAKE) has released an update.

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.

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