Rubellite Energy Inc. (TSX:RBY) entered into a definitive agreement to acquire additional Clearwater assets within the Figure Lake and Edwand areas in Alberta for CAD 34 million on October 19, 2023. The acquisition cost will be funded by expanded credit facilities of CAD 60 million. The deal is subjected to the regulatory approval and is expected to close in early November 2023.

Rubellite Energy Inc. (TSX:RBY) completed the acquisition of additional Clearwater assets within the Figure Lake and Edwand areas in Alberta on November 8, 2023.