From GlobeNewswire: 2024-08-15 08:00:00

Refined Energy Corp. (CSE: RUU; FRA: CWA0) will extend the expiry date of 7,000,000 outstanding common share purchase warrants by one year, from September 1, 2024 to September 1, 2025. The Warrants were issued at $0.10 per unit and are now exercisable at $0.24 per share. Insiders of the Company own 982,500 of the Warrants. The Company has also amended its non-brokered private placement offering, decreasing the unit price to $0.20 and increasing the maximum number of units to 7,500,000, with gross proceeds of up to C$1,500,000. The offering is expected to close on or about September 16, 2024.

Refined Energy Corp. is a junior mining company focused on acquiring mineral properties in North America. The Company’s projects include Dufferin, Basin, Milner, Simard Property in Quebec, and an option agreement for Horizon South Property in Nevada. Forward-looking statements in the press release include the proposed Warrant Amendment and the Offering. While based on reasonable assumptions, there are risks, uncertainties, and factors that could impact the accuracy of the forward-looking information provided. The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.



Read more at GlobeNewswire: Refined Metals Corp. to Amend Expiry Date of Warrants and