Refined Metals Corp. Announces Closing of Private Placement Financing

//NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES// VANCOUVER, British Columbia, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Refined Energy Corp. (CSE:RUU, FRA: CWA0)) (the "Company") is pleased to announce the closing of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 1,750,000 Units at a price of $0.20 per Unit for gross proceeds of $350,000. Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"), whereby each Warrant entitles the holder to acquire one Common Share at a price of $0.25 for a period of 24 months from the date of issuance. Proceeds of the Offering will be used to finance exploration activities on the Company's projects and for general corporate purposes. No finder's fees were payable in connection with the Offering. All securities issued pursuant to the closing of the Offering are subject to a statutory hold period expiring January 31, 2025, being the date that is four months and one day from the date of issuance. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold ...