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The latest announcement is out from Renegade Gold ( (TSE:RAGE) ).
Renegade Gold Inc. has announced the completion of a share consolidation, approved by the TSX Venture Exchange, which will reduce its outstanding common shares from approximately 52.6 million to 17.5 million. This move is expected to streamline the company’s share structure while maintaining shareholders’ percentage ownership and voting power, potentially enhancing the company’s market positioning and attractiveness to investors.
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 land package in this region, known for its gold and critical minerals potential, and is strategically positioned near major mines and deposits.
Average Trading Volume: 131,884
Technical Sentiment Signal: Sell
Current Market Cap: C$6.84M
For detailed information about RAGE stock, go to TipRanks’ Stock Analysis page.