Refined Energy

What Refined Energy does

Refined Energy Corp. is a junior mining and exploration company listed on the CSE (RUU), OTCQB (RRUUF), and Frankfurt (CWA0) exchanges and headquartered in Vancouver, British Columbia. The company is dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America, with current focus entirely on uranium exploration in Saskatchewan's Athabasca Basin.

The company's core asset is the Dufferin Project, consisting of 19 mineral tenures covering 14,800 hectares, on which Refined holds an option agreement with Eagle Plains Resources Ltd. to acquire up to a 75% interest by making cash payments, issuing shares, and funding approximately C$6.1 million in exploration expenditures by December 2028. Supporting/historical projects include the Basin Project (option terminated in February 2026) and the Milner Lake Project (1,067 hectares with channel samples averaging 0.072% U3O8). The company's technical approach combines airborne/ground EM surveys, ground gravity (817 stations), 3D inversion modeling, and diamond drilling; a maiden 975-metre drill program at Dufferin West was completed in April 2026 on a ~$1.7M budget, intersecting the target unconformity at 332 metres and graphitic conductors.

Refined Energy is pre-revenue and currently funds operations through equity: C$2M private placement in November 2025 and C$1.5M charity flow-through placement in February 2026, with marketing spend of roughly C$650K directed to Rumble Strip Media and RMK Marketing for online/Google campaigns. The company is governed by a small management team (CEO Mark Fields, CFO Eli Dusenbury) with a board that until May 2026 included uranium-specialist Ken Wheatley, and it is subject to NI 43-101 oversight following a June 2026 BCSC disclosure review that resulted in retraction of non-compliant promotional materials.

Name

Refined Energy

Legal name

Refined Energy Corp.

Website

https://refinedenergy.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Refined Energy Corp. is a pre-revenue, publicly traded junior mining company exploring for high-grade uranium in Saskatchewan's Athabasca Basin, with its core asset being the 14,800-hectare Dufferin Project optioned from Eagle Plains Resources.

Ownership category

akta.pro rank

Product category

Uranium Mining Exploration

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

Keywords

• Uranium exploration
• Mineral property acquisition
• Junior mining
• Athabasca basin uranium
• Diamond drilling programs

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Technology or R&D, Others

Revenue model

1. Pre-Revenue Exploration Stage: Refined Energy is a junior mining company in the exploration stage and does not currently generate revenue. The company is focused on identifying, evaluating and acquiring interests in mineral properties in North America, specifically uranium properties in the Athabasca Basin. Revenue would be generated in the future upon successful discovery and development of commercially viable uranium deposits.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Refined Energy is a junior mining exploration company that identifies, evaluates, and acquires interests in uranium mineral properties, primarily in the Athabasca Basin of Saskatchewan, Canada. Its core offering is the Dufferin Project, a 14,800-hectare uranium-focused exploration property where the company holds an option to acquire up to 75% interest, and which it advances through staged diamond drilling and geophysical survey programs funded by private placements.

Product overview

Refined Energy Corp. is a junior uranium-focused mining and exploration company dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America. The company's primary focus is the exploration and development of its uranium property portfolio in the Athabasca Basin of Saskatchewan, Canada. The core product is the Dufferin Project, which consists of two properties (Dufferin West and Dufferin North) covering 14,800 hectares, where the company holds an option to acquire up to a 75% interest. Supporting projects include the Basin Project (option for 100% interest, terminated in 2026) and the Milner Lake Project (1,067 hectares with known uranium mineralization). The company completed its maiden drill program at Dufferin West in April 2026, intersecting unconformity and graphitic conductors, with all samples submitted for geochemical analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Dufferin Project

Quantifiable outcome

• Intersected unconformity at 332m depth in maiden drill hole DW26-001, validating geological model
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• RMK Marketing Inc.minorGTM or Marketing Partner · 27 February 2026Marketing program extended for additional 90 days starting around March 2, 2026, involving a fee of C$250,000. Activities primarily focused on Google platform.
• Rumble Strip Media Inc.minorGTM or Marketing Partner · 3 January 2026Engaged to provide online marketing services for approximately six weeks starting January 5, 2026. Services include content creation, advertisements, social media dissemination, and reporting for a fee of C$200,000.
• Geomap Exploration Inc.minorStrategic or Co-development Partner · 27 November 2025Fourth property option amendment signed with Geomap Exploration Inc. for the Simard Property option agreement.
• Eagle Plains Resources Ltd.coreStrategic or Co-development Partner · 27 February 2024Refined Energy holds an exclusive option to acquire up to 75% interest in the Dufferin Project from Eagle Plains Resources Ltd. by making cash payments, issuing shares, and funding exploration expenditures totaling CA$6.1 million by December 2028. Eagle Plains operates the project and provides technical expertise.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• NexGen Energy: NexGen Energy is a leading Athabasca Basin uranium developer with the Rook I project (Arrow deposit). It is the most relevant direct peer — also focused on high-grade uranium exploration in the same basin, with a comparable exploration/development stage and shareholder profile.
• Denison Mines: Denison Mines is an Athabasca Basin uranium explorer/developer with the Wheeler River project (Phoenix and Gryphon deposits). Directly comparable to Refined Energy as a uranium-focused company in the same jurisdiction pursuing high-grade unconformity-hosted deposits.
• Fission Uranium: Fission Uranium developed the Patterson Lake South (PLS) high-grade uranium deposit in the Athabasca Basin. Comparable as a junior uranium explorer that advanced a significant discovery in the basin, illustrating both the upside potential and the technical pathway Refined Energy is pursuing.
• UEX Corporation: UEX Corporation is a pure-play Athabasca Basin uranium exploration and development company with a portfolio of projects including West Bear, Christie Lake, and Horseshoe-Raven. Direct peer pursuing unconformity and basement-hosted uranium deposits in the same region.
• Skyharbour Resources: Skyharbour Resources is a junior uranium explorer with a portfolio of Athabasca Basin projects and partnership/joint-venture arrangements with other explorers. Comparable in business model and exploration approach to Refined Energy, including option-type earn-in structures.
• Purepoint Uranium Group: Purepoint Uranium is a junior explorer focused on uranium projects in the Athabasca Basin, often in joint venture with larger operators including Cameco and Orano. Direct peer with similar exploration stage, jurisdiction, and target deposit types.

Broad incumbents

• Cameco Corporation: Cameco is the world's largest pure-play uranium producer and the dominant operator in the Athabasca Basin, owning the McArthur River and Cigar Lake mines. It is the broad incumbent in Refined Energy's target jurisdiction and the most likely acquirer of any significant discovery.
• Energy Fuels: Energy Fuels is the largest US uranium producer and a significant uranium/rare earth processor. It is a broad incumbent in the nuclear fuel cycle — not basin-specific — but a credible strategic acquirer or offtake partner for any uranium discovery.

Emerging players

• Baselode Energy: Baselode Energy is an early-stage uranium explorer with projects in the Athabasca Basin. Comparable as an emerging junior using modern geophysical targeting approaches, similar in scale and stage to Refined Energy.
• Standard Uranium: Standard Uranium is an Athabasca Basin-focused junior uranium explorer with a portfolio of early-stage projects. Comparable in scale and exploration stage, and pursues a similar property-acquisition and drilling strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/refined-energy-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Refined Energy