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PALISADES GOLDCORP & RADIO FUELS ANNOUNCE BUSINESS COMBINATION TO CREATE LEADING RESOURCE FOCUSED INVESTMENT ISSUER

^{Published on 2024-12-10 10:20:57 - Yahoo Finance}
 

• Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades") and Radio Fuels Energy Corp. ("Radio Fuels") (CSE: CAKE) (OTCQB: CKEFF) are pleased to announce that they have entered into a definitive arrangement agreement dated December 9,

The article from Yahoo Finance discusses a strategic partnership between Palisades Goldcorp Ltd. and Radio Fuels Energy Corp., announced on April 11, 2023. This partnership aims to advance uranium exploration in the Athabasca Basin, Canada, known for its high-grade uranium deposits. Radio Fuels has acquired a significant land package in this region, and through this collaboration, they plan to leverage Palisades Goldcorp's expertise in mining and exploration to enhance their uranium project development. The partnership includes a $1 million investment from Palisades Goldcorp into Radio Fuels, which will fund exploration activities. This move is part of a broader strategy to capitalize on the increasing global demand for nuclear energy, driven by the need for clean energy solutions. The article highlights the potential of the Athabasca Basin to become a key area for uranium supply, supporting the global shift towards sustainable energy sources.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/palisades-goldcorp-radio-fuels-announce-123000870.html ]

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