Refined Energy Corp. Announces Private Placement

Executive Summary

• Refined Energy Corp. announced a non‑brokered private placement of 9.5 M–10 M units at $0.20 per unit, targeting gross proceeds of $1.9 M–$2.0 M.
• Each unit consists of one common share and one warrant (exercise price $0.25, 24‑month term, 60‑day hold period).
• Net proceeds are earmarked for exploration and evaluation at the Dufferin Project, maintaining project interest, and general working capital; closing expected around November 14, 2025.

Key Details

• Units Offered: Minimum 9,500,000 units; maximum up to 10,000,000 units.
• Price per Unit: $0.20.
• Aggregate Gross Proceeds: Minimum $1,900,000; maximum $2,000,000.
• Unit Composition:
• 1 common share of Refined Energy Corp.
• 1 share purchase warrant – exercisable at $0.25 per share for 24 months from issuance.
• Warrants subject to a 60‑day hold period post‑closing (cannot be exercised during this time).
• Closing Date: Anticipated on or about November 14, 2025, subject to regulatory approvals and receipt of the minimum amount.
• Use of Proceeds:
• Exploration and evaluation expenditures at the Dufferin Project (Athabasca Basin).
• Payment required to maintain Refined’s interest in the Dufferin Project in good standing.
• General working capital purposes.
• Exemption Basis: Offered under National Instrument 45‑106 “Life Issuer Financing Exemption” (LIFE) to Canadian residents (excluding Quebec); no resale restrictions for Canadian investors.
• Regulatory Notes: Securities not registered in the United States; offering not available to U.S. persons absent registration or exemption.

Notable Quotes

(No direct quotes were provided in the release.)