Radio Fuels Energy Corp. entered into an agreement to acquire an additional Mining Property in the District of Algoma, Elliot Lake, Ontario from 2362516 Ontario Inc. for CAD 0.08 million.

Radio Fuels Energy Corp. (CNSX:CAKE) entered into an agreement to acquire an additional Mining Property in the District of Algoma, Elliot Lake, Ontario from 2362516 Ontario Inc. for CAD 0.08 million on December 14, 2021. As consideration for the acquisition, Radio Fuels Energy issued 2,000,000 Common Shares at a deemed price of CAD 0.34 per Common Share.