Palisades To Acquire Radio Fuels: A Lesson On Money Flows In Capital Markets

Another gold company is getting involved in the uranium space.

Or, at least that’s what it looked like on the surface this week when Palisades Goldcorp (TSXV: PALI), an investment firm focused on the gold space, announced that it was acquiring Radio Fuels Energy (CSE: CAKE), who is known for its uranium asset in Ontario.

But as it turns out, Palisades actually appears entirely uninterested in the uranium assets, and instead was after something else.

Let’s dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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