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The latest update is out from Renegade Gold ( (TSE:RAGE) ).
Renegade Gold Inc. has announced a non-brokered private placement to raise up to $4.3 million, consisting of $4 million in non-flow-through units and $300,000 in flow-through units. The proceeds will be used to extinguish debt, fund exploration expenditures, and cover general working capital, with a focus on Canadian exploration expenses related to the company’s projects in Ontario. This move is expected to support Renegade’s operational and strategic goals, enhancing its position in the mining industry.
More about Renegade Gold
Renegade Gold Inc. is a growth-focused company engaged in the acquisition, exploration, and development of mineral properties in the Red Lake Mining District of Northern Ontario. The company has assembled a large prospective land package in the area, known for its gold and critical minerals potential, as part of its regional-scale consolidation strategy.
Average Trading Volume: 58,935
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$5.94M
Find detailed analytics on RAGE stock on TipRanks’ Stock Analysis page.