Refined Energy Welcomes Ken Wheatley to Board, Updates Property Deal

Refined Energy Corp. Welcomes Ken Wheatley to the Board

Refined Energy Corp. (CSE: RUU | OTC: RRUUF | FRA: CWA0) is thrilled to announce a pivotal addition to its Board of Directors. Veteran uranium explorer Ken Wheatley joins the team, bringing a wealth of experience that spans over four decades.

Ken Wheatley is recognized as a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of Saskatchewan. His impressive career has seen him actively involved in uranium exploration across Canada, specifically in areas known for their significant mining activity. Since embarking on his career in 1980, Wheatley has contributed to the discovery of several notable uranium deposits.

A Wealth of Experience in Uranium Exploration

Throughout his career, Mr. Wheatley has played key roles in crucial discoveries including:

• Cluff Lake: Dominique and South Dominique Janine (Amok Ltd.)
• McClean Lake: Sue C, D, and E deposits (Minatco)
• Key Lake: BV and P-Patch occurrences (Uranerz Exploration and Mining Ltd.)
• Midwest A (Orano), where he led the exploration team responsible for its discovery and delineation

In his recent position as Vice President of Exploration for Forum Energy Metals Corp., he discovered multiple uranium showings at Northwest Athabasca, further diversifying his already impressive portfolio. His expertise also expands into copper exploration at Janice Lake and nickel-platinum-palladium exploration at Love Lake. He obtained his H.B.Sc. from Laurentian University in 1980 and an M.Sc. from the University of Saskatchewan in 1985.

Mr. Wheatley's Vision for Refined Energy Corp.

Expressing his enthusiasm about joining Refined, Wheatley stated, “The Company has assembled an interesting land package in Saskatchewan, and I look forward to contributing to its efforts as it advances exploration for new uranium discoveries.” His engagement promises to propel the organization toward further success.

Enhanced Capabilities for the Dufferin Project

Mark Field, another key member of the Refined Energy team, highlighted the significant value Wheatley brings: “Ken has already delivered tremendous insight on our Dufferin Project. Bringing him onto the Board is a natural next step, and his depth of knowledge in Saskatchewan’s uranium districts will be a major catalyst for the Company’s momentum moving forward.”

Significant Amendments to the Simard Property Option Agreement

In addition to the Board appointment, Refined Energy Corp. announces a significant amendment to its mineral property option agreement with Geomap Exploration Inc. This updated agreement, known as the Fourth Amending Agreement, alters the terms of the original agreement that dated back December 20, 2022. More amendments were made on November 14, 2023, February 28, 2024, and April 24, 2025.

This new agreement adjusts the earlier deal and defers particular financial obligations tied to payments, share issuance, and exploration expenditures. It has also revised the number of mining claims from 96 to 61, which cover approximately 3,539 hectares of land in the Lac Simard region of Quebec.

Considerations for Future Exploration Ventures

As part of this agreement, Refined Energy has committed to issuing 50,000 shares to Geomap, contingent upon approval from the Canadian Securities Exchange (CSE). All shares issued in connection with this amendment will observe a four-month hold period as per Canadian securities law regulations.

About Refined Energy Corp.

Refined Energy Corp. is a promising junior mining company focusing on identifying, evaluating, and acquiring mineral property interests in North America. The Dufferin Project within the Athabasca Basin stands as the flagship project of Refined, with a drilling program planned for the upcoming year. The organization is also in the process of securing an option for a 100% interest in the Basin and Milner uranium properties located in Saskatchewan, alongside continuing its pursuit of other mineral properties across North America.

Contact Information

For further inquiries or information, please reach out to Eli Dusenbury, Chief Financial Officer, at +1 (604) 398-3378 or via email at info@refinedenergy.com.

Frequently Asked Questions

Who is Ken Wheatley and what will he bring to Refined Energy Corp.?

Ken Wheatley is a seasoned veteran in the uranium exploration sector, bringing over 44 years of experience, which will significantly enhance Refined Energy's exploration efforts and strategies.

What changes were made to the Simard Property Option Agreement?

The recent amendment reduced the number of mining claims from 96 to 61 and deferred various financial obligations, facilitating planned exploration activities.

When is the drilling program for the Dufferin Project scheduled?

The drilling program for the Dufferin Project in the Athabasca Basin is planned for 2026.

What does Refined Energy Corp. focus on?

The company is dedicated to exploring and acquiring mineral properties, primarily in North America, with a focus on uranium and other valuable resources.

How can I contact Refined Energy Corp. for more information?

You can contact Eli Dusenbury, Chief Financial Officer, via phone at +1 (604) 398-3378 or email at info@refinedenergy.com for further information.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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