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Radio Fuels Announces Change in Senior Management

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Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) announces a significant leadership change with Bassam Moubarak's resignation as Chief Financial Officer and the appointment of Natalia Samartseva as the new CFO. During his tenure, Moubarak led financial strategies that contributed to the company's growth and oversaw the acquisition of NV King Goldlands. Samartseva, a Chartered Professional Accountant, brings over 15 years of experience in public company reporting, IFRS, internal controls, and auditing. She has extensive experience in financial leadership positions and expertise in financial reporting and analysis for junior resource companies.

Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) annuncia un importante cambiamento ai vertici con le dimenissioni di Bassam Moubarak da Chief Financial Officer e la nomina di Natalia Samartseva come nuovo CFO. Durante il suo mandato, Moubarak ha guidato strategie finanziarie che hanno contribuito alla crescita dell'azienda e ha supervisionato l'acquisizione di NV King Goldlands. Samartseva, un Contabile Professionista Certificato, porta con sé oltre 15 anni di esperienza nella comunicazione finanziaria delle aziende pubbliche, IFRS, controlli interni e revisione. Ha una vasta esperienza in posizioni di leadership finanziaria e competenza nella reportistica e analisi finanziaria per le aziende minerarie junior.

Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) anuncia un cambio significativo en la dirección con la renuncia de Bassam Moubarak como Director Financiero y el nombramiento de Natalia Samartseva como nueva CFO. Durante su mandato, Moubarak lideró estrategias financieras que contribuyeron al crecimiento de la empresa y supervisó la adquisición de NV King Goldlands. Samartseva, Contadora Pública Certificada, aporta más de 15 años de experiencia en informes de empresas públicas, IFRS, controles internos y auditoría. Tiene una amplia experiencia en posiciones de liderazgo financiero y especialización en informes y análisis financieros para empresas de recursos junior.

라디오 연료 에너지 주식회사 (CSE: CAKE) (OTCQB: CKEFF)는 바삼 무바락의 사임과 함께 나탈리아 사마트세바를 새로운 CFO로 임명하는 중대한 경영진 변화가 있음을 발표했습니다. 무바락은 재임 기간 동안 회사의 성장에 기여한 재무 전략을 이끌었으며, NV 킹 골드랜즈의 인수를 감독했습니다. 사마트세바는 공인 회계사로서, 공개 기업 보고, IFRS, 내부 통제 및 감사 분야에서 15년 이상의 경험을 보유하고 있습니다. 그녀는 재무 리더십 직책에서의 폭넓은 경험과 주니어 자원 기업을 위한 재무 보고 및 분석에 대한 전문성을 가지고 있습니다.

Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) annonce un changement significatif de direction avec la démission de Bassam Moubarak en tant que Directeur Financier et la nomination de Natalia Samartseva comme nouvelle CFO. Au cours de son mandat, Moubarak a dirigé des stratégies financières qui ont contribué à la croissance de l'entreprise et a supervisé l'acquisition de NV King Goldlands. Samartseva, comptable professionnelle agréée, apporte plus de 15 ans d'expérience dans le reporting des entreprises publiques, les IFRS, les contrôles internes et l'audit. Elle possède une vaste expérience dans des postes de direction financière et une expertise en reporting et analyse financière pour les entreprises de ressources juniors.

Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) kündigt einen bedeutenden Führungswechsel an mit der Rücktritt von Bassam Moubarak als Chief Financial Officer und der Ernennung von Natalia Samartseva zur neuen CFO. Während seiner Amtszeit leitete Moubarak Finanzstrategien, die zum Wachstum des Unternehmens beitrugen, und überwachte die Übernahme von NV King Goldlands. Samartseva, eine Chartered Professional Accountant, bringt über 15 Jahre Erfahrung in der Berichterstattung öffentlicher Unternehmen, IFRS, internen Kontrollen und der Prüfung mit. Sie hat umfassende Erfahrung in Finanzleitungspositionen sowie Fachwissen in der Finanzberichterstattung und -analyse für Junior-Ressourcenunternehmen.

Positive
  • Appointment of new CFO with 15+ years of experience in public company reporting and financial leadership
  • New CFO brings expertise in IFRS, internal controls, and mining company financial management
Negative
  • Departure of key executive (CFO) who was instrumental in company's growth and acquisition strategy

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) (the "Company" or "Radio Fuels") announces Bassam Moubarak resignation from the role of Chief Financial Officer ("CFO") and the appointment of Natalia Samartseva as CFO effective today's date.

During his tenure, Bassam was instrumental in driving financial strategies that contributed to the Company's growth and success. He played a key role in transformation of the Company and oversaw its acquisition of NV King Goldlands, demonstrating his commitment to excellence and fiscal responsibility.

"We are grateful for Bassam's contributions to Radio Fuels and for his support ensuring a seamless transition," said Phil O'Neill. "While we are sad to see him go, we respect his decision and wish him all the best in his future endeavours."

Ms. Samartseva is a Chartered Professional Accountant with significant experience in public company reporting, IFRS, internal controls and auditing. She brings over 15 years of experience across diverse financial leadership positions, including other roles as CFO and as Director of Financial Reporting of companies listed in Canada and the United States. In addition, she has also held a variety of public accounting practice positions, including senior audit manager, and has been engaged as a consultant focused on financial reporting and analysis for junior resource companies. During her career, Ms. Samartseva has overseen projects related to internal control improvements implementation, preparation of financial models, forecasts, business valuation models, transitioning from exploration to commercial production stage for mining companies, and other complex accounting and tax issues.

About Radio Fuels Energy Corp.

The Company is a junior natural resource company focused on providing exposure to uranium and other commodities through the investment, acquisition, exploration, and development of projects and companies.

For further information, please contact:
Philip O'Neill
Chief Executive Officer
Tel: (403) 614-2552
Email: phil@radiofuels.ca

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228441

FAQ

Who is the new CFO of Radio Fuels Energy (CKEFF)?

Natalia Samartseva, a Chartered Professional Accountant with over 15 years of experience in financial leadership positions, has been appointed as the new CFO of Radio Fuels Energy.

When did Radio Fuels Energy (CKEFF) announce its CFO change?

Radio Fuels Energy announced the CFO change on November 1, 2024.

What experience does Radio Fuels Energy's (CKEFF) new CFO have?

Natalia Samartseva has over 15 years of experience in public company reporting, IFRS, internal controls, auditing, and financial leadership positions, including roles as CFO and Director of Financial Reporting.

RADIO FUELS ENERGY CORP

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