Refuels N.V. announced a private placement of 1,890,030 common shares at a price of €2.116368 per share for the gross proceeds of €4,000,000 in early April, 2023. For each allotted share the company will issue 3 warrants, each of which provides the right to subscribe for one new share at the same price. The warrants issued will not be admitted to trading on the bourse.