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Renegade Gold ( (TSE:RAGE) ) has issued an update.
Renegade Gold Inc. has granted 3,025,000 incentive stock options to its directors, officers and consultants under its Long Term Incentive Plan, with the options immediately vesting, exercisable over three years at an exercise price of $0.52 per share. The equity-based awards underscore the company’s efforts to align management and key stakeholders with its long-term exploration and development objectives across its extensive land holdings in the Red Lake district, potentially strengthening retention and incentivizing value creation as it advances its portfolio of gold and critical mineral projects.
More about Renegade Gold
Renegade Gold Inc. is a growth-focused mineral exploration and development company operating in the Red Lake Mining District of Northern Ontario. The company’s strategy centers on acquiring, exploring and developing a large, prospective 1,320 km2 land package in and around Red Lake, including ground along the Confederation Lake and Birch-Uchi greenstone belts, with potential for gold and critical minerals near existing major mines and deposits.
Average Trading Volume: 63,477
Technical Sentiment Signal: Hold
Current Market Cap: C$10.29M
For a thorough assessment of RAGE stock, go to TipRanks’ Stock Analysis page.