Radio Fuels Announces Intention to Commence Normal Course Issuer Bid

Radio Fuels Energy Corp . (CSE: CAKE) (OTCQB: CKEFF) (the "Company") is pleased to announce that it intends to commence a normal course issuer bid (the "NCIB"), under which it may purchase up to 7,097,489 common shares of the Company over a period of one year (the "NCIB Period"), representing approximately 5% of the Company’s issued and outstanding common shares, with up to 2,838,995 common shares of the Company purchasable over any 30-day period within the NCIB Period, being 2% of the Company’s issued and outstanding common shares. The NCIB is expected to commence on or about November 21, 2022, and will continue until the earlier of November 20, 2023, or the date by which the Company has acquired the maximum number of common shares which may be purchased under the NCIB.

All common shares purchased under the NCIB will be purchased on the open market through the facilities of […]

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