Refined Energy Corp. Announces Change of Auditor

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VANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) – Refined Energy Company (CSE: RUU; OTC: RFMCF; FRA: CWA0) (“Refined“or”a company) changed its auditor from GreenGrowth CPAs Inc., Certified Public Accountants (the “Previous Auditor”) to De Visser Gray LLP, Certified Professional Accountants (the “Successor Auditor”) effective October 4, 2024.

The Board of Directors of Refined has accepted the resignation of the previous auditor and has appointed the successor auditor as the new auditor of the Company with effect from 4 October 2023, who will hold office until the conclusion of the next annual general meeting of shareholders of the Company.

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There were no reservations in the audit reports of the previous auditor for any financial period during which the previous auditor was the company’s auditor. There are no “reportable events” (as defined in National Instrument 51-102 – Continuing Disclosure Obligations) between the company and the previous auditor.

In accordance with National Instrument 51-102, the Notice of Change of Auditor, along with the required letters from the predecessor auditor and successor auditor, has been reviewed by the Company’s Audit Committee and Board of Directors and will be submitted to SEDAR accordingly.

About Refined Energy Company

Refined Energy Corp. is a small mining company specializing in identifying, evaluating and acquiring interests in mineral properties in North America. In addition to the Dufferin Project, Refined also has the option to acquire up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan. The Company continues to review other mineral properties in North America for possible acquisition in the future.

On behalf of the Board of Directors of Refined Energy Company,

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CEO

For more information, please contact:

Phone: (604) 398-3378
Email: Info@refinedenergycorp.com

Forward-looking statements

Certain statements in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expects”, “believes”, “will”, “anticipates”, “estimates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on The Company’s current beliefs or assumptions regarding the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the Company’s exploration plans and objectives at the Dufferin Project; exploration potential at the Dufferin Project, including the potential for the Dufferin Project to host unconformity and basement uranium mining; The benefit of previous historical exploration work in focusing future exploration programs.

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Various assumptions or factors are typically applied in drawing the conclusions or making the projections or projections set forth in forward-looking information, including, with respect to forward-looking information included in this press release, the assumption that: the Company will successfully complete its planned exploration programs in accordance with current expectations and that These programs will produce the results expected by the company, including identifying disruptive faults identified by electromagnetic conductors and other geophysical anomalies to target drilling.

Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These factors include the risks inherent in the exploration and development of mineral projects, including risks related to changes in project parameters as plans continue to be redefined, that mineral exploration is inherently uncertain, that mineral exploration results may not be indicative of the actual geology or mineralization of the project and that exploration for Minerals may be unsuccessful or fail to achieve the results expected by the Company, including identifying disruptive faults identified by electromagnetic conductors and other geophysical anomalies to target drilling and discover basement-hosted uranium mineralization. The forward-looking information contained in this release is made as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

CSE has neither approved nor disapproved the information contained herein.


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