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Refined Energy Corp. Extends Marketing Program and Proposes Debt Settlement

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Refined Energy Corp. Extends Marketing Program and Proposes Debt Settlement

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Refined Metals ( (TSE:RUU) ) has provided an update.

Refined Energy Corp. has extended its marketing agreement with Rumble Strip Media Inc. for an additional 90 days, with a compensation fee of CAD $500,000. The company also plans to settle a debt with Independent Trading Group by issuing 22,677 common shares, pending acceptance by the Canadian Securities Exchange.

More about Refined Metals

Refined Energy Corp. is a junior mining company focused on identifying, evaluating, and acquiring mineral properties in North America. Its flagship project is the Dufferin Project in the Athabasca Basin, with a drill program planned for spring 2025. The company also has the option to earn up to a 100% interest in uranium properties in Saskatchewan and is actively reviewing other potential acquisitions in North America.

YTD Price Performance: 290.0%

Average Trading Volume: 8,985

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $14.4M

For an in-depth examination of RUU stock, go to TipRanks’ Stock Analysis page.

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